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KETEMA ANNOUNCES REPURCHASE OF COMMON STOCK AND CONVERTIBLE SUBORDINATED DEBENTURES

 KETEMA ANNOUNCES REPURCHASE OF COMMON STOCK
 AND CONVERTIBLE SUBORDINATED DEBENTURES
 BENSALEM, Pa., Dec. 16 /PRNewswire/ -- Ketema, Inc. (AMEX: KTM) announced today that it recently had repurchased 23,000 shares of its common stock and $526,000 principal amount of its outstanding 8 percent Convertible Subordinated Debentures due 2003, in accordance with its previous announcement that, from time to time, it would repurchase its securities.
 Ketema said it intends to continue to repurchase its securities from time to time as circumstances warrant.
 As of Dec. 1, 1991, Ketema had 3,932,302 shares of common stock outstanding and $17.5 million principal amount of Convertible Subordinated Debentures outstanding prior to the above repurchases.
 Ketema, Inc., with headquarters in Bensalem, is a diversified industrial manufacturer of advanced materials, components, and equipment and provider of design services for the aerospace, process, computer and construction industries.
 /delval/
 -0- 12/16/91
 /CONTACT: William H. Spencer of Ketema, 215-639-2255/
 (KTM) CO: Ketema, Inc. ST: Pennsylvania IN: SU:


MK-JS -- PH019 -- 2613 12/16/91 15:30 EST
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Publication:PR Newswire
Date:Dec 16, 1991
Words:171
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