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ALLTEL 2-FOR-1 STOCK SPLIT APPROVED, QUARTERLY DIVIDEND DECLARED

 LITTLE ROCK, Ark., April 22 /PRNewswire/ -- ALLTEL Corporation's (NYSE: AT) board of directors today declared a 2-for-1 stock split on its common stock in the form of a stock dividend.
 According to the terms of the split, stockholders of record on June 18, 1993 will receive one additional share of common stock for each share they own.
 Certificates for the additional shares will be distributed the week of July 12, 1993.
 In other action, the board also declared regular quarterly dividends on the company's common stock. The 40 cent dividend is payable July 3, 1993 to stockholders of record as of June 4, 1993.
 Regular quarterly dividends were also declared on all series of the company's preferred stock. Preferred dividends are payable on June 15, 1993 to stockholders of record as of May 28, 1993.
 ALLTEL Corporation (NYSE: AT) is a leading telecommunications and information services company. In addition to providing local telephone service, ALLTEL subsidiaries provide cellular telephone service, information services and communications products.
 -0- 4/22/93
 /CONTACT: Ron Payne, vice president-corporate communications, ALLTEL Corp., 501-661-8989/
 (AT)


CO: ALLTEL Corporation ST: Arkansas IN: TLS SU: DIV

BM -- CL014 -- 9289 04/22/93 10:16 EDT
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Publication:PR Newswire
Date:Apr 22, 1993
Words:197
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