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ALCAN ALUMINIUM LIMITED DECLARES DIVIDEND

 ALCAN ALUMINIUM LIMITED DECLARES DIVIDEND
 MONTREAL, July 23, /PRNewswire/ -- Alcan Aluminium Limited


(NYSE: AL) today declared a quarterly dividend of 7-1/2 cents, in U.S. funds, per common share, payable on Sept. 21, 1992, to shareholders of record at the close of business on Aug. 21, 1992.
 This is a reduction from the 15-cent dividend paid in the last four quarters.
 The board of directors considered it prudent to reduce the quarterly dividend in light of the continuing difficult business conditions, the uncertain outlook for the future and the need to conserve cash.
 There are currently approximately 223.7 million common shares outstanding.
 -0- 7/23/92
 /CONTACT: Yves Doucet of Alcan Aluminium, 514-848-8378/
 (AL) CO: Alcan Aluminium Limited ST: Quebec IN: MNG SU: DIV


PS -- NY072 -- 2535 07/23/92 12:28 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 23, 1992
Words:135
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