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AMERICAN HOME PRODUCTS AUTHORIZES REPURCHASE OF STOCK

 AMERICAN HOME PRODUCTS AUTHORIZES REPURCHASE OF STOCK
 NEW YORK, June 26 /PRNewswire/ -- American Home Products Corporation


(NYSE: AHP) today announced that its board of directors, at a meeting held on June 25, 1992, authorized the repurchase of an additional 10 million shares of the corporation's outstanding common stock, subject to price and market conditions. A program to repurchase 10 million shares, originally announced on Aug. 27, 1987, is nearing completion. As of May 31, 1992, 313,669,841 shares of the corporation's common stock and common stock equivalents were outstanding.
 -0- 6/26/92
 /CONTACT: John L. Skule, 212-878-5015, or (investors) John R. Considine, 212-878-6429
 (AHP) CO: American Home Products Corporation ST: New York IN: HOU SU:


TS -- NY038 -- 4207 06/26/92 12:02 EDT
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Publication:PR Newswire
Date:Jun 26, 1992
Words:126
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