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CHEMICAL WASTE MANAGEMENT EXTENDS PLAN TO REPURCHASE COMMON STOCK

 CHEMICAL WASTE MANAGEMENT EXTENDS PLAN TO REPURCHASE COMMON STOCK
 OAK BROOK, Ill., Nov. 10 /PRNewswire/ -- Chemical Waste Management Inc. (NYSE: CHW) announced today that it has extended its program to repurchase up to 10,000,000 shares of its common stock in the open market or in privately negotiated transactions for an additional 24 months. The company originally announced this stock repurchase program in November 1990 and, since that time, Chemical Waste Management has repurchased approximately 4,061,800 shares. The company currently has approximately 203,500,000 shares of common stock outstanding, net of treasury shares.
 "The Chemical Waste Management stock repurchase program has enabled the company to acquire over four million shares of our stock, which we believe represents a desirable investment," said D.P. Payne, the company's president and chief executive officer. "This 24-month extension will enable us to make similar investments in the future as such opportunities present themselves."
 Common stock repurchased under the program will be held in the company treasury and will be available for use in connection with business acquisitions by the company, in connection with the company's employee benefit programs or for other general corporate purposes.
 Chemical Waste Management Inc. is the largest comprehensive hazardous waste management and industrial services company in the United States. It provides waste reduction services; recycling and resource recovery; collection, treatment and disposal of hazardous wastes; services for the management of radioactive and mixed wastes; and the remediation of environmentally impaired sites.
 -0- 11/10/92
 /CONTACT: Joe Pokorny of Chemical Waste Management, 708-218-1689/
 (CHW) CO: Chemical Waste Management Inc. ST: Illinois IN: SU:


KD -- NY113 -- 9498 11/10/92 17:38 EST
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Publication:PR Newswire
Date:Nov 10, 1992
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