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 1.05% for ¥500 million. The purpose of the program is implementing agile capital policies that can respond to changes in the business environment and returning profits to shareholders. The program is valid till August 31, 2021. As of April 30, 2021, the company had 38,089,872 shares (Excluding treasury stock) and 126,887 shares in treasury.