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AMERICAN RECREATION CENTERS ANNOUNCES STOCK REPURCHASE PROGRAM

 AMERICAN RECREATION CENTERS ANNOUNCES STOCK REPURCHASE PROGRAM
 SACRAMENTO, Calif., Jan. 23 /PRNewswire/ -- American Recreation Centers Inc. (NASDAQ: AMRC) today announced that its board of directors has approved the repurchase of up to 250,000 shares of the company's common stock during the period ended Dec. 31, 1992. The stock will be purchased from time to time in the open market or in privately negotiated transactions as market conditions permit. The repurchase program is effective immediately.
 American Recreation Centers currently has 4,920,078 shares outstanding. American Securities Corp. of New York will act as exclusive agent for the repurchase program.
 Robert Crist, president and chief executive officer, said that "The board's action is based on our belief that purchase of American Recreation Center's common stock is a sound utilization of corporate funds."
 American Recreation Centers is a leader in both the bowling and specialty direct marketing industries. The company's bowling division operates 27 bowling centers, 21 in California and six in Texas with an aggregate 1,134 lanes. In addition, the company owns a majority interest in The Right Start Inc. (NASDAQ: RTST), one of the nation's leading direct marketers of top-quality products for infants and children.
 -0- 1/23/92
 /CONTACT: Robert A. Crist, president and CEO of American Recreation Centers, 916-852-8005; or Elizabeth Gard or Roger S. Pondel of Rifkind Pondel & Parsons, 310-207-9300, for American Recreation Centers/
 (AMRC RTST) CO: American Recreation Centers Inc.; The Right Start Inc. ST: California IN: LEI SU:


KJ -- LA020 -- 2823 01/23/92 12:54 EST
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Publication:PR Newswire
Date:Jan 23, 1992
Words:254
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