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HEALTHCARE SERVICES GROUP ANNOUNCES INTENT TO MAKE OPEN MARKET PURCHASES OF ITS COMMON STOCK

 HEALTHCARE SERVICES GROUP ANNOUNCES INTENT
 TO MAKE OPEN MARKET PURCHASES OF ITS COMMON STOCK
 HUNTINGDON VALLEY, Pa., June 1 /PRNewswire/ -- Healthcare Services Group, Inc. (NASDAQ-NMS: HCSG) announced today that it intends to make open market purchases of its common stock at current prices.
 The company stated that at the recent price levels the shares were viewed as an attractive investment. The company has not determined how many shares may be purchased or the time period during which the purchases would be made, although it is not expected that purchases in the aggregate would exceed 5 percent of the company's outstanding shares of common stock.
 The company performs housekeeping, laundry and linen services to healthcare related facilities.
 /delval/
 -0- 6/1/92
 /CONTACT: Daniel P. McCartney, president and chairman, or Thomas A. Cook, executive vp and CFO of Healthcare Services Group, 215-938-1661/
 (HCSG) CO: Healthcare Services Group, Inc. ST: Pennsylvania IN: SU:


LJ-CC -- PH018 -- 5760 06/01/92 13:51 EDT
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Publication:PR Newswire
Date:Jun 1, 1992
Words:160
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