Printer Friendly

GRUMMAN TO PURCHASE COMMON SHARES

 /NOTE TO EDITORS: The following is a revised version of NY028 which moved earlier today. We have been advised by the company that information in the first paragraph had been omitted in the original./
 BETHPAGE, N.Y., April 21 /PRNewswire/ -- Grumman Corporation (NYSE: GQ) today announced a program to purchase up to $100 million worth of its common stock. The transactions, open-market or private, will be made from time to time at the discretion of management. Goldman, Sachs & Co. will act as exclusive agent for the purchase program.
 Grumman Corporation is best known as a leading international aircraft and aerospace company. Other businesses range from sophisticated integrated information and electronics systems to U.S. Postal Service delivery trucks. Headquartered in Bethpage, New York, Grumman employs 21,000 people. Revenues were $3.5 billion in 1992.
 -0- 4/21/93
 /CONTACT: Robert Harwood of Grumman, 516-575-5287/
 (GQ)


CO: Grumman Corporation ST: New York IN: ARO SU:

CK -- NY028A -- 8734 04/21/93 12:20 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 21, 1993
Words:164
Previous Article:LIBERTY MUTUAL ANNOUNCES 1992 RESULTS
Next Article:IDAHO POWER CO. $200 MILLION FIRST MORTGAGE BONDS RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
Topics:


Related Articles
Northrop Grumman Extends Tender Offer for Litton Industries Inc.
Northrop Grumman Issues Statement on Tender Offer for Litton Industries Inc.
Northrop Grumman Issues Update on Litton Industries Tender Offer.
Northrop Grumman Extends Tender Offer for All Outstanding Shares of Newport News Shipbuilding.
Northrop Grumman Extends Tender Offer for All Outstanding Shares Of Newport News Shipbuilding.
Northrop Grumman Board Declares Quarterly Dividend.
Northrop Grumman Extends Tender Offer For All Outstanding Shares of Newport News Shipbuilding.
Northrop Grumman Extends Tender Offer for All Outstanding Shares Of Newport News Shipbuilding.
Northrop Grumman Extends Tender Offer for All Outstanding Shares Of Newport News Shipbuilding.
Northrop Grumman Announces Pricing of Common Stock, Equity Security Unit Offerings.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters