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HARRIS TO REPURCHASE SHARES PERIODICALLY FOR EMPLOYEE RETIREMENT AND INCENTIVE PROGRAMS

 MELBOURNE, Fla., Sept. 7 /PRNewswire/ -- Harris Corporation (NYSE: HRS) announced it will purchase shares of the company's common stock in the open market periodically to satisfy requirements for the stock-based components of employee retirement and incentive programs.
 The Harris board of directors has authorized the repurchase of up to 1.5 million shares for these purposes. The repurchases, as required, will be handled by Morgan Stanley & Company.
 Harris Corporation, with worldwide sales of more than $3 billion, is focused on four major businesses: electronic systems, semiconductors, communications, and Lanier Worldwide office equipment.
 -0- 9/7/93
 /CONTACT: Jim Burke, director of media relations of Harris Corporation, 407-727-9126/
 (HRS)


CO: Harris Corporation ST: Florida IN: ARO CPR SU:

JB -- FL001 -- 9238 09/07/93 10:04 EDT
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Publication:PR Newswire
Date:Sep 7, 1993
Words:126
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