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ENTERGY CORPORATION DECLARES QUARTERLY DIVIDEND; CONTINUES STOCK BUYBACK PLAN

 NEW ORLEANS, March 12 /PRNewswire/ -- Entergy Corporation's (NYSE: ETR) board of directors today voted to declare a regular quarterly common stock dividend of 40 cents per share.
 The dividend is payable on June 1, to stockholders of record on May 7.
 The board also extended Entergy's ongoing stock repurchase program through July 31. The corporation is authorized to acquire shares of its common stock during the designated period in an aggregate amount not to exceed $300 million. This latest extension is part of a new common stock repurchase program approved by the Securities and Exchange Commission on Dec. 9, and extending through Dec. 31, 1994. The new repurchase program follows Entergy's original stock repurchase program which began in November 1990.
 Stock repurchases, according to Entergy's Chief Financial Officer Gerald McInvale, are made from time to time on the basis of market conditions and the Entergy board's authorization. As of today, Entergy has repurchased 29,513,900 shares at a cost of $652.05 million. Approximately 175 million common shares remain outstanding.
 -0- 3/12/93
 /CONTACT: MEDIA: Patrick Sweeney, 504-569-4160, or, ANALYSTS: Stuart Ball, 504-569-4817/
 (ETR)


CO: Entergy Corporation ST: Louisiana IN: OIL SU: DIV

RA-BR -- AT007 -- 5634 03/12/93 16:21 EST
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 12, 1993
Words:204
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