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HOUGHTON MIFFLIN ANNOUNCES STOCK BUYBACK

 BOSTON, March 31 /PRNewswire/ -- Houghton Mifflin Company (NYSE: HTN) announced today that it its board of directors authorized the repurchase of up to 500,000 shares of the company's common stock, dependent upon market conditions and other factors. The company purchased more than 655,000 shares in 1992 and has substantially used up previously announced share buyback authorizations which were initially authorized in 1987.
 Houghton Mifflin is a leading publisher of textbooks, software, assessments, and other educational materials for the elementary and secondary school and college markets, as well as an extensive line of reference publications, business software, and fiction and nonfiction for adults and young readers.
 -0- 3/31/93
 /CONTACT: Susan E. Hardy, director of investor relations, Houghton Mifflin Company, 617-725-5114/
 (HTN)


CO: Houghton Mifflin Company ST: Massachusetts IN: PUB SU:

TM -- NE011 -- 1572 03/31/93 14:18 EST
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Publication:PR Newswire
Date:Mar 31, 1993
Words:142
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