Form 8-K · Current Report · Filed 2025-10-09
Elastic Authorizes $500 Million Share Repurchase Program
Elastic N.V. announced that its Board of Directors has approved a share repurchase program under which the Company is authorized to repurchase up to $500 million of its outstanding ordinary shares. The program, which has no expiration date, allows for repurchases to be made in the open market, through privately negotiated transactions, or by other methods at the company's discretion. The repurchases will be influenced by the share price, business and market conditions, and other factors. The company is not committed to repurchasing any specific number of shares, and the program can be modified, suspended, or terminated at any time. The repurchased shares will be placed in the company's treasury.
- Filer
- Elastic N.V. ESTC · NYSE
- Filed
- Accession
- 0001707753-25-000046
- CIK
- 0001707753
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Other Events
Market reaction
Close before filing
$83.20
Next session
+3.9%
Since filing
+17.2%
Latest close
$97.55
What happened, not what will happen — closing prices around the filing date.
About Elastic N.V.
Elastic N.V. is a prominent company that specializes in the development of search-powered solutions for various user applications and industries. The core purpose of the company is to enhance data search and management through its widely acclaimed Elasticsearch platform, which serves as the backbone for its suite of products including Kibana, Beats, and Logstash. These tools enable users to ingest, visualize, and analyze large volumes of data in real-time, making them indispensable in fields like cybersecurity, IT operations, and business analytics. Elastic N.V. plays a significant role in the technological ecosystem by providing essential search and analytical capabilities to enterprises, thereby facilitating improved operational efficiencies and decision-making processes. Founded in 2012 and headquartered in the Netherlands, the company integrates its services within cloud infrastructure, promoting scalability and adaption to a wide array of customer needs across different market segments. Elastic's contributions to data-centric applications underscore its importance in the digital transformation landscape.
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