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LANNETT COMPANY, INC. ANNOUNCES STOCK SPLIT

 LANNETT COMPANY, INC. ANNOUNCES STOCK SPLIT
 PHILADELPHIA, March 13 /PRNewswire/ -- Lannett Company, Inc., a


manufacturer and distributor of generic pharmaceutical products, announced today a 4-for-1 stock split of the company's $.001 par value common stock for stockholders of record on March 27, 1992. The additional shares will be distributed to stockholders on April 20, 1992.
 The company currently has 310,383 shares issued and outstanding and, after the split, will have 1,241,532 shares issued and outstanding. The issuance of stock pursuant to the stock split will have no effect on the company's capital accounts.
 -0- 3/13/92
 /CONTACT: Barry Weisberg, president, Lannett Company, Inc., 215-333-9000/ CO: Lannett Company, Inc. ST: Pennsylvania IN: MTC SU:


SM -- DE031 -- 7993 03/13/92 17:56 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 13, 1992
Words:126
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