AMERICAN VANGUARD CORPORATION AUTHORIZES STOCK REPURCHASE.LOS ANGELES--(BUSINESS WIRE)--December 22, 1994--American Vanguard Corp. (Nasdaq:AMGD AMGD Acromesomelic Dysplasia, Grebe Type ) announced that its Board of Directors has authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: the 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. of up to $100,000 of its Common Stock from time to time on the open market. The shares purchased under this program will be held in treasury for use in conjunction with the Company's recently adopted 1994 Stock Option Plan and for other general corporate purposes. As of November 30, 1994, the Company had 2,331,371 shares of Common Stock outstanding. The timing of any purchases will depend upon the price and availability of the stock. CONTACT: American Vanguard Corp., Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.
H.A. Kraft, (213) 264-3910
or
INVESTOR RELATIONS COUNSEL:
The Equity Group Inc.
Tamara Ehlin (212) 836-9607
Carolyn Bancone (212) 836-9604
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