Stella Chemifa Corporation (TSE:4109) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 2.34% of the outstanding shares (excluding treasury stock) for ¥1,100 million. The purpose of the program is to enable the execution of agile capital policies aimed at improving capital efficiency and strengthening shareholder returns. The program will be valid till December 30, 2021. As of June 30, 2021, the company had 12,813,519 shares (excluding treasury stock) outstanding and 399,729 shares in treasury.