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A. Schulman announces initial repurchase of common shares.


AKRON Akron (ăk`rən), city (1990 pop. 223,019), seat of Summit co., NE Ohio, on the Little Cuyahoga River; inc. 1865. Once the heart of the nation's rubber industry, Akron still contains the headquarters of some rubber corporations and chemical and , Ohio--(BUSINESS WIRE)--Nov. 6, 1995--A. Schulman Inc. said its Board of Directors has confirmed the 1987 authorization The right or permission to use a system resource; the process of granting access. See access control.  to repurchase re·pur·chase  
tr.v. re·pur·chased, re·pur·chas·ing, re·pur·chas·es
To buy (something) again.

n.
The act of buying something that one previously sold or owned.

Noun 1.
 up to 4 million of the Company's common shares. Any such purchases would be made from time-to-time in the open market and at current market prices. The timing of purchases will depend on the price of A. Schulman common stock.

The Company made on November 6, 1995 its initial purchase under this authorization. A. Schulman had 37.5 million shares outstanding at the end of its fiscal year on August 31.

Based in Akron, A. Schulman is an international supplier of high-performance plastic compounds and resins resins,
n.pl complex, insoluble, sticky substances secreted by plants. Used as astringents, antimicrobials, and antiinflammatories, and are burned as incense. Can cause oral ulcers and epidermal irritations.
.

CONTACT: A. Schulman Inc., Akron

Robert A. Stefanko, 216/666-3751
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 6, 1995
Words:117
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