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GENERAL NUTRITION COMPANIES, INC. DECLARES COMMON STOCK SPLIT; MOVE FOLLOWS IPO BY SEVEN MONTHS

 PITTSBURGH, Aug. 18 /PRNewswire/ -- The board of directors of General Nutrition Companies, Inc. (NASDAQ: GNCI) (GNC) today announced a two-for-one split of its common stock effected as a 100 percent stock dividend payable Oct. 5, 1993, to shareholders of record on Sept. 7, 1993.
 The stock split is subject to shareholder approval of an increase in the number of shares of General Nutrition Companies, Inc. common stock to a level that would permit the proposed split. The board also called a special meeting of stockholders for Sept. 30, 1993, for the purpose of approving an increase in authorized shares of common stock from 42,000,000 to 100,000,000.
 GNC, which completed its initial public offering in January 1993 and an additional stock offering in July 1993, is the largest specialty retailer of vitamin, sports nutrition and other nutritional supplement products in the country. It currently operates 1,364 retail locations, of which 973 are company-owned stores and 391 are franchise locations.
 /delval/
 -0- 8/18/93
 /CONTACT: Edwin J. Kozlowski, senior vice president and chief financial officer of GNC, 412-288-4661/
 (GNCI)


CO: General Nutrition Companies, Inc. ST: Pennsylvania IN: REA SU:

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Publication:PR Newswire
Date:Aug 18, 1993
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