Printer Friendly

AMEX TRADES OPTIONS ON CITIZENS UTILITIES COMPANY CLASS B

 NEW YORK, Sept. 7 /PRNewswire/ -- The American Stock Exchange opened options trading on the listed stock of Citizens Utilities Company, Class B (stock/option symbol: CZN.B/CZN).
 Headquartered in Stamford, Conn., Citizens Utilities Company provides telecommunications, electric, gas and water/wastewater services to more than 800,000 customers in 13 states. The company has recently acquired several utility operations.
 CZN opened with strike prices of 15, 17-1/2 and 20, and position limits of 3,000 contracts. Initial expiration months are October, November and December of 1993 and March of 1994. Spear, Leeds & Kellogg is the specialist unit for the new options.
 The Amex trades a total of 339 stock options, including 94 options on over-the-counter stocks, as well as 43 LEAPS(R) (Long-term Equity AnticiPation Securities)(R). In addition, options are traded on seven broad market indexes -- the Major Market Index (XMI), the XMI LEAPS(R) Index (XLT), the S&P MidCap 400 Index and MidCap LEAPS(R) (MID), the Institutional Index (XII), the Japan Index (JPN) and the EUROTOP 100 Index (EUR) -- as well as six industry-based indexes -- the Oil Index (XOI), the Computer Technology Index (XCI), the Pharmaceutical Index (DRG), the DRG LEAPS(R) Index (DGL), The Biotechnology Index (BTK), and the BTK LEAPS(R) Index (BKL).
 -0- 9/7/93
 /CONTACT: Kathleen Fitzpatrick, manager, Derivative Securities Communications of American Stock Exchange, 212-306-1697/


CO: Citizens Utilities Company ST: Connecticut IN: UTI SU:

PS -- NY023 -- 9219 09/07/93 09:38 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 7, 1993
Words:245
Previous Article:IMC FERTILIZER ENTERS AGREEMENT TO PURCHASE $220 MILLION OF 11.25 PERCENT NOTES FROM PRUDENTIAL
Next Article:UNITED STATES TOBACCO SALES AND MARKETING COMPANY ANNOUNCES PRICE INCREASE FOR MOIST SMOKELESS TOBACCO PRODUCTS
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters