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BAXTER DIRECTORS RENEW AUTHORITY TO REPURCHASE SHARES

 DEERFIELD, Ill., March 15 /PRNewswire/ -- Baxter's announces its board of directors today renewed the company's authority to repurchase its common stock for use in employee stock option, stock purchase and other benefit plans, and other authorized corporate purposes.
 The board authorized the company to repurchase up to an additional 12 million shares of its common stock. This extends the authorization voted by the board Nov. 7, 1990, for the company to purchase up to 13.5 million shares of its common stock. The company has repurchased 12.5 million shares of common stock under the 1990 grant and prior grants of authority.
 Baxter International, Inc. (NYSE: BAX) through its subsidiaries, is the leading manufacturer and marketer of health-care products, systems and services. It offers 120,000 products in more than 100 countries. Baxter had 1992 revenues of $8.5 billion.
 -0- 3/15/93
 /CONTACT: Mary Schmitt of Baxter, 708-948-2815/
 (BAX)


CO: Baxter International, Inc. ST: Illinois IN: MTC SU:

WB -- NY095 -- 6258 03/15/93 17:32 EST
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Publication:PR Newswire
Date:Mar 15, 1993
Words:169
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