Printer Friendly

CHRIS-CRAFT INDUSTRIES AUTHORIZES SHARE PURCHASES

 CHRIS-CRAFT INDUSTRIES AUTHORIZES SHARE PURCHASES
 NEW YORK, April 23 /PRNewswire/ -- Chris-Craft Industries, Inc.


(NYSE: CCN) announced that its board of directors today authorized the purchase from time to time of up to 1 million shares of the company's outstanding common shares. This authorization is in addition to the approximately 265,000 shares still available for purchase under a previous authorization.
 Any purchases will be made at prices not exceeding the market prices prevailing at the time of purchase. Implementation of the authority granted by the board will depend on market conditions and other relevant factors.
 Chris-Craft currently has outstanding approximately 18.1 million shares of common stock, as well as approximately 7.7 million shares of Class B common stock convertible into common stock on a share-for-share basis.
 -0- 4/23/92
 /CONTACT: Barry S. Greene of Chris-Craft Industries, 305-946-4000/
 (CCN) CO: Chris-Craft Industries, Inc. ST: New York IN: ENT SU:


AH-SH -- NY101 -- 1999 04/23/92 14:43 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 23, 1992
Words:160
Previous Article:CHECKER GRAND PRIX TO HOST PHOENIX DEBUT OF IMSA CAMEL GT SERIES
Next Article:CCNB CORPORATION REPORTS FIRST QUARTER EARNINGS


Related Articles
CHRIS-CRAFT REPORTS FIRST-QUARTER EARNINGS
CHRIS-CRAFT INDUSTRIES DECLARES DIVIDEND
BHC COMMUNICATIONS AUTHORIZES SHARE PURCHASES
CHRIS-CRAFT INDUSTRIES DECLARES DIVIDEND
CHRIS-CRAFT REPORTS 40 PERCENT INCREASE IN THIRD QUARTER EARNINGS
BHC COMMUNICATIONS AUTHORIZES SHARE PURCHASES
BHC COMMUNICATIONS AUTHORIZES SHARE PURCHASE
Chris-Craft Declares 3% Common Stock Dividend and Regular Quarterly Preferred Dividends and Authorizes Share Repurchases
Chris-Craft to Increase Ownership of BHC Communications to 80%.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters