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NAMIC U.S.A. CORPORATION (NUSA) ANNOUNCES COMMON STOCK REPURCHASE

 GLENS FALLS, N.Y., Feb. 25 /PRNewswire/ -- NAMIC U.S.A. Corporation (NASDAQ: NUSA) has announced that its board of directors has authorized the repurchase, subject to compliance with applicable laws, of up to an aggregate of 500,000 shares of its common stock in open market purchases at the discretion of the company.
 In the 13 weeks ended Nov. 27, 1992, the company had an average of 9,351,425 common shares outstanding.
 -0- 2/25/93
 /CONTACT: Jeanne Wehnau, investor relations coordinator of NAMIC U.S.A., 518-798-0067/
 (NUSA)


CO: NAMIC U.S.A. ST: New York IN: MTC SU:

KK -- CL003 -- 0231 02/25/93 08:30 EST
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Publication:PR Newswire
Date:Feb 25, 1993
Words:111
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