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GZA GEOENVIRONMENTAL TECHNOLOGIES ANNOUNCES STOCK REPURCHASE PROGRAM

GZA GEOENVIRONMENTAL TECHNOLOGIES ANNOUNCES STOCK REPURCHASE PROGRAM
 NEWTON UPPER FALLS, Mass., May 19 /PRNewswire/ -- The board of directors of GZA GeoEnvironmental Technologies, Inc. (NASDAQ-NMS: GZEA) today announced plans to repurchase up to 24,000 shares of its common stock. Purchases will be made in market transactions form time to time, subject to market conditions. The stock is expected to be used for the company's 1992 Employee Stock Purchase Plan, under which the first offering period commenced on March 1, 1992. The board believes that purchase of the stock, at current prices, represents a good investment opportunity for the company.
 GZA GeoEnvironmental Technologies, Inc. provides a wide spectrum of environmental consulting and remediation services and geotechnical services to private sector companies and public agencies. The common stock of GZA GeoEnvironmental Technologies, Inc. is listed on the National Market System of NASDAQ, symbol GZEA.
 -0- 5/19/92
 /CONTACT: Kim Whelan of GZA GeoEnvironmental, 617-969-0700, x6357/
 (GZEA) CO: GZA GeoEnvironmental Technologies, Inc. ST: Massachusetts IN: SU:


SH -- NE003 -- 1651 05/19/92 08:44 EDT
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Publication:PR Newswire
Date:May 19, 1992
Words:173
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