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STEPAN COMPANY ANNOUNCES RESULTS OF STOCKHOLDERS' VOTE

 NORTHFIELD, Ill., April 29 /PRNewswire/ -- Stepan Company (AMEX: SCL) today announced the results of the stockholders' vote at the annual meeting of stockholders on April 28, 1993:
 The stockholders voted to elect Thomas F. Grojean and James A.
 Hartiage to serve on the board of directors until the annual
 stockholders meeting in 1996.
 The stockholders approved an increase, to 2,000,000 shares, the
 number of authorized shares of 5-1/2 percent Convertible Preferred
 stock.
 The stockholders approved an 8-for-1 split of outstanding shares of
 5-1/2 percent Convertible Preferred stock, with a record date of
 April 30, 1993.
 The stockholders ratified the appointment of Arthur Andersen & Co.
 to audit the accounts of the company for the year of 1993.
 Stepan Company, headquartered in Northfield, Ill., is a leading producer of basic and intermediate chemicals used in household, industrial, personal care, agricultural and energy-related products. The stock is traded on the American and Midwest Stock Exchanges under the symbols SCL and SCLPR.
 -0- 4/29/93
 /CONTACT: Joan M. Kusher, 708-446-7500, for Stepan Co./
 (SCL)


CO: Stepan Company ST: Illinois IN: CHM SU:

LD -- NY134 -- 2967 04/29/93 19:08 EDT
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.

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Publication:PR Newswire
Date:Apr 29, 1993
Words:192
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