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New York State Electric & Gas Board Authorizes Stock Repurchase.


BINGHAMTON, New York--(BUSINESS WIRE)--Feb. 6, 1998--New York State Electric & Gas Corporation (NYSEG NYSEG New York State Electric & Gas (utility) ) announced today that its Board of Directors authorized au·thor·ize  
tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es
1. To grant authority or power to.

2. To give permission for; sanction:
 the repurchase of shares of its common stock. The company plans to repurchase the shares from time to time as market conditions warrant.

CONTACT: New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 State Electric & Gas, Binghamton

Katherine Karlson, 607/762-7976
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 6, 1998
Words:56
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