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STRYKER ANNOUNCES YEAR-END CASH DIVIDEND AND STOCK REPURCHASE PLAN

 KALAMAZOO, Mich., Dec. 9 /PRNewswire/ -- John W. Brown, chairman, president and chief executive officer of Stryker Corporation (NASDAQ-NMS: STRY), announced that the board of directors has declared a year-end cash dividend of 7 cents per share. The dividend is payable Jan. 31, 1994, to shareholders of record at the close of business on Dec. 31, 1993.
 Brown also announced that the board of directors has authorized the repurchase in the open market from time to time, depending upon prevailing market conditions, of up to 600,000 shares of its Common Stock. As of Nov. 30, 1993, there were 48,375,486 shares outstanding. Brown said "the shares will be used for employee stock option plans and other corporate purposes."
 Stryker Corporation develops, manufactures and markets specialty surgical and medical products including orthopaedic implants, powered surgical instruments, endoscopic systems and patient handling equipment for the world market. Its shares are traded in the over-the-counter market on the NASDAQ National Market System under the symbol STRY.
 -0- 12/9/93
 /CONTACT: David J. Simpson, vice president, chief financial officer and secretary of Stryker, 616-385-2600/
 (STRY)


CO: Stryker Corporation ST: Michigan IN: MTC SU: DIV

KE -- DE025 -- 2284 12/09/93 14:53 EST
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Publication:PR Newswire
Date:Dec 9, 1993
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