Printer Friendly

PLAINS PETROLEUM COMPANY DECLARES DIVIDEND

    LAKEWOOD, Colo., Aug. 13 /PRNewswire/ -- Plains Petroleum Company (NYSE: PLP) announced that its board of directors has declared a regular quarterly dividend of 6 cents per share.  The dividend will be payable on Sept. 30, 1993, to shareholders of record as of the close of business on Sept. 13.
    Separately, the board of directors authorized the expenditure of up to $2 million over the next two years for the repurchase of Plains' common stock.
    -0-             08/13/93
    CONTACT:  Darrel Reed of Plains Petroleum Company, 303-969-9325, or Jim Fingeroth or Tracey Stearns of Kekst and Company, 212-593-2655
    (PLP) CO:  PLAINS PETROLEUM COMPANY IN:  OIL SU:  DIV ST:  CO


-- NY049 -- X650 08/13/93
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 13, 1993
Words:113
Previous Article:CALIFORNIA QUARTZ RECEIVES CONTRACT FROM ULTRA VIOLET DEVICES
Next Article:JOHN NUVEEN COMPANY DECLARES REGULAR QUARTERLY DIVIDEND; FIRM DECLARES FIFTH DIVIDEND SINCE 1992 PUBLIC OFFERING
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters