Hi-Lex Corporation (TSE:7279) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares of common stock, representing 1.06% for ¥500 million. The purpose of the program is to acquire treasury stock for the purpose of implementing agile capital policies that can respond to changes in the business environment and returning profits to shareholders. The program is valid till December 30, 2021. As of August 31, 2021, the company had 37,797,895 shares (excluding treasury stock) and 418,864 shares in treasury.