CMC Corporation (JASDAQ:2185) announces a share repurchase program. Under the program, the company will repurchase 120,000 shares, representing 1.78% of the outstanding shares for ¥300 million. The purpose of the program is to improve shareholder returns and capital efficiency, and to implement an agile capital policy in response to changes in the business environment. The program will run until July 30, 2021. As of April 30, 2021, the company had 7,182,000 shares (excluding treasury stock) outstanding and 423,909 shares in treasury.