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MESA AIRLINES ANNOUNCES STOCK SPLIT

 MESA AIRLINES ANNOUNCES STOCK SPLIT
 FARMINGTON, N.M., Jan. 16 /PRNewswire/ -- Larry L. Risley,


president of Mesa Airlines Inc. (NASDAQ: MESA) announced today that the board of directors of Mesa approved a three-for-two forward stock split of outstanding Mesa common stock. The stock split shall be effected in the form of a stock dividend payable on Jan. 28, 1992. All shareholders of record prior to 5 p.m. (MST) on Jan. 27, 1992 shall be paid one additional share of Mesa common stock for every two shares owned. No fractional shares shall be issued. Shareholders having the right to receive fractional shares shall receive a cash payment valued at the price of one-half share of Mesa common stock at the close of the market on Jan. 27, 1992 in lieu of their fractional shares.
 -0- 1/16/92
 /CONTACT: Gary Risley of Mesa Airlines, 505-327-0271/
 (MESA) CO: Mesa Airlines Inc. ST: New Mexico IN: AIR SU:


BB -- DV001 -- 0336 01/16/92 08:30 EST
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Publication:PR Newswire
Date:Jan 16, 1992
Words:165
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