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APPLE COMPUTER DECLARES QUARTERLY DIVIDEND AND ANNOUNCES AUTHORIZATION OF NEW PROGRAM TO REPURCHASE 10,000,000 SHARES

 CUPERTINO, Calif. Nov. 17 ~PRNewswire~ -- The board of director s of Apple Computer Inc. (NASDAQ-NMS: AAPL) has declared a 12 cents per share dividend for the company's fourth fiscal quarter ended Sept. 25, 1992. The dividend represents Apple's twenty-third consecutive quarterly dividend and is payable Dec. 18, 1992 to shareholders of record as of the close of business on Dec. 4, 1992.
 The board of directors also approved a new program to repurchase up to 10,000,000 shares of its common stock in the open market from time to time. This is in addition to approximately 1,400,000 shares remaining to be repurchased under a previous authorization. Since July 1986, Apple has repurchased a total of 38,600,000 shares of common stock.
 -0- 11~18~92
 ~CONTACT: Christopher Escher, public relations, 408-974-0844, or Bill Slakey, investor relations, 408-974-3488, both of Apple Computer~
 (AAPL)


CO: Apple Computer Inc. ST: California IN: CPR SU: DIV

SG -- SJ002 -- 2171 11~18~92 08:30 EST
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Publication:PR Newswire
Date:Nov 18, 1992
Words:165
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