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Hudson General announces stock repurchase authorization.

GREAT NECK, N.Y.--(BUSINESS WIRE)--Nov. 22, 1996--Hudson General Corp. announced that its board of directors today authorized the repurchase of up to 200,000 shares of its common stock from time to time in either open market or privately negotiated transactions.

The current authorization is in addition to the approval of the board of directors in April, 1995 of the repurchase of up to 150,000 shares of the corporation's common stock.

Pursuant to such earlier authorization, the corporation has, to date, repurchased 114,300 shares in the open market.

Hudson General Corp., through subsidiaries, provides various services at airports throughout the United States and Canada and is a participant in a joint venture to develop 4,000 acres of land in Hawaii.

Hudson General Corp. shares are traded on the American Stock Exchange under the ticker symbol HGC.

CONTACT: Hudson General, Great Neck

Michael Rubin, 516/487-8610
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Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 22, 1996
Words:150
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