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INNOVEX DECLARES QUARTERLY DIVIDEND

 HOPKINS, Minn., Feb. 4 /PRNewswire/ -- The board of directors of Innovex, Inc. (NASDAQ-NMS: INVX) today declared an initial quarterly dividend of $.05 per share, payable on Feb. 25 to shareholders of record as of Feb. 16.
 Thomas W. Haley, Innovex's chairman and chief executive officer, said, "In establishing this annual dividend of $.20 per share, our board has expressed its confidence in the future of this company. We are also pleased to be enhancing the value of our shareholders' investment."
 Innovex is the nation's leading manufacturer of lead wire assemblies for thin-film disk drives. The company's common stock is traded on the National Market System under the NASDAQ symbol INVX.
 -0- 2/4/93
 /CONTACT: Thomas W. Haley, chairman and CEO of Innovex, 612-938-4155/
 (INVX)


CO: Innovex, Inc. ST: Minnesota IN: CPR SU: DIV

MP -- MN014 -- 3165 02/04/93 16:20 EST
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Publication:PR Newswire
Date:Feb 4, 1993
Words:143
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