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HNS ANNOUNCES OPEN MARKET STOCK REPURCHASE PROGRAM

 HNS ANNOUNCES OPEN MARKET STOCK REPURCHASE PROGRAM
 PARSIPPANY, N.J., May 6 /PRNewswire/ -- Home Nutritional Services,


Inc. (OTC: HNSI) today announced that its board of directors authorized the purchase from time to time of up to $5 million of its common stock in an open market share repurchase program.
 Kent Kerkhof, the company's president and chief executive officer, stated, "We believe that our common stock is undervalued and that the purchase of shares from time to time at these prices will benefit our shareholders." Kerkhof stated that "At these prices, the purchases will not dilute expected earnings, but rather should result in a slight improvement in our earnings per share both this year and next."
 HNS is a national provider of home infusion therapies and related alternate site services. The corporation is one of the oldest and largest providers of home infusion care and conducts its business through 34 regional centers, 16 satellite facilities, and 24 additional sites of service. HNS is recognized as a leader in quality care and clinical sophistication.
 -0- 5/7/92
 /CONTACT: Donald R. Millard of Home Nutritional Services, 404-423-4529/
 (HNSI) CO: Home Nutritional Services, Inc. ST: New Jersey IN: HEA SU: OFR


EA-BN -- AT004 -- 7425 05/07/92 08:30 EDT
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Publication:PR Newswire
Date:May 7, 1992
Words:207
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