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GERBER ANNOUNCES NEW SHARE REPURCHASE AUTHORIZATION

 FREMONT, Mich., March 9 /PRNewswire/ -- The board of directors of Gerber Products Company (NYSE: GEB) authorized the repurchase of an additional 4 million shares of the company's common stock.
 According to Gerber Chairman, President and Chief Executive Officer Al Piergallini, "We needed the additional repurchase authorization because our stock buy-back efforts will exhaust the existing 4-million- share authorization in the near future. We continue to believe that repurchase of our common stock is an excellent investment given our long-term prospects."
 The previous authorization was made on May 28, 1992. The authorizations provide for the purchase of Gerber stock on the open market.
 -0- 3/9/93
 /CONTACT: Tim Croasdaile, vice president - Investor Relations & Corporate Affairs, Gerber Products Company, 616-928-2718/
 (GEB)


CO: Gerber Products Company ST: Michigan IN: FOD SU:

SB -- DE013 -- 4567 03/09/93 13:50 EST
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Publication:PR Newswire
Date:Mar 9, 1993
Words:138
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