Scinex Corporation (TSE:2376) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 11.46% of its share capital, at ¥654 per share for ¥457.8 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. As of July 31, 2019, the company had 6,105,983 shares outstanding (excluding treasury shares) and 364,677 shares in treasury.