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SCHWAB AUTHORIZES ADDITIONAL STOCK REPURCHASE AND DECLARES REGULAR QUARTERLY DIVIDEND

 SCHWAB AUTHORIZES ADDITIONAL STOCK REPURCHASE
 AND DECLARES REGULAR QUARTERLY DIVIDEND
 SAN FRANCISCO, Oct. 21 /PRNewswire/ -- The Board of Directors of the Charles Schwab Corp. (NYSE: SCH) today authorized the purchase of up to an additional 1,000,000 shares of the company's common stock from time to time. This announcement comes after completion of common stock purchases totaling 921,700 shares thus far during 1992 under previous authorizations. As of Oct. 21, 1992, the company has 38.8 million weighted average common and common equivalent shares outstanding.
 In addition, the board declared its regular quarterly cash dividend of 6 cents per common share. The dividend is payable Nov. 16, 1992, to stockholders of record Nov. 2, 1992.
 -0- 10/21/92
 /CONTACT: Hugo W. Quackenbush, CFA, or Mark C. Thompson, 415-627-7810, of Charles Schwab/
 (SCH) CO: Charles Schwab Corp. ST: California IN: FIN SU: DIV


TM -- SF007 -- 2966 10/21/92 14:01 EDT
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Publication:PR Newswire
Date:Oct 21, 1992
Words:154
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