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LUKENS INC. SETS DATE FOR STOCK SPLIT

 LUKENS INC. SETS DATE FOR STOCK SPLIT
 COATESVILLE, Pa., Aug. 19 /PRNewswire/ -- Lukens Inc. (NYSE: LUC)


today confirmed the timing of its previously announced stock split.
 Lukens' common stock will be split on a three-for-two basis by means of a 50 percent stock dividend. Lukens set a Sept. 10 record date for the stock split and Sept. 28 as the distribution date for the additional shares.
 Stockholders will receive one share of Lukens' common stock for every two shares held on the record date. In cases where the stock split results in fractional shares, Lukens will pay stockholders cash for the fractional value as of the Sept. 10 record date.
 Lukens Inc. is a leading specialized manufacturer of an extensive range of carbon, alloy and clad steel plate and, since the acquisition of Washington Steel on April 24, 1992, a leading producer and distributor of flat rolled stainless steel products. In addition, Lukens' Industrial Operations consist of pipe coating and corrosion protection services, the manufacture and distribution of highway and industrial safety products and the manufacture of industrial screening and materials-handling equipment.
 /delval/
 -0- 8/19/92
 /CONTACT: W. Evelyn Walker of Lukens, 215-383-2504/
 (LUC) CO: Lukens, Inc. ST: Pennsylvania IN: MNG SU:


MP -- PH012 -- 1373 08/19/92 13:25 EDT
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Publication:PR Newswire
Date:Aug 19, 1992
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