Printer Friendly

AMERICAN GREETINGS CHAIRMAN & CEO MORRY WEISS EXERCISES OPTIONS AND SELLS 170,000 CLASS B COMMON SHARES

 AMERICAN GREETINGS CHAIRMAN & CEO MORRY WEISS
 EXERCISES OPTIONS AND SELLS 170,000 CLASS B COMMON SHARES
 CLEVELAND, Sept. 22 /PRNewswire/ -- American Greetings (NASDAQ: AGREA) Chairman and Chief Executive Officer Morry Weiss today exercised options on 170,000 Class B common shares, which he immediately sold back to the company in accordance with the company's articles.
 The sale was priced at the market close yesterday.
 Weiss said the sale was made solely to pay down a substantial debt incurred when he purchased 200,000 Class B shares in January 1988, which he continues to hold. Together, Weiss and his immediate family, both before and after the most recent transaction, continue to own 474,000 Class B common shares.
 -0- 9/22/92
 /CONTACT: John Hernandis of American Greetings, 216-252-4941/
 (AGREA) CO: American Greetings ST: Ohio IN: REA SU:


KK -- CL008 -- 2127 09/22/92 11:17 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 22, 1992
Words:146
Previous Article:SHOCK ABSORBERS -- THE MOST MISUNDERSTOOD PARTS ON A CAR
Next Article:NEW BREED OF 'CATS' LETS YOU FILL YOUR TANK WHILE KEEPING AN EYE ON THE KIDS
Topics:


Related Articles
AMERICAN GREETINGS DECLARES REGULAR QUARTERLY DIVIDEND
AMERICAN GREETINGS ANNOUNCES 14.3 PERCENT DIVIDEND INCREASE
AMERICAN GREETINGS DECLARES REGULAR QUARTERLY DIVIDEND
AMERICAN GREETINGS DECLARES 177th CONSECUTIVE DIVIDEND
AMERICAN GREETINGS MAKES OFFER FOR GIBSON GREETINGS
AMERICAN GREETINGS DECLARES 178th CONSECUTIVE DIVIDEND
AMERICAN GREETINGS INCREASES QUARTERLY DIVIDEND RATE
American Greetings Declares 180th Consecutive Dividend
American Greetings Increases Dividend, Elects Directors During Fiscal 1998 Annual Meeting
American Greetings Declares 195th Consecutive Dividend.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters