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NAUTICA ENTERPRISES, INC., ANNOUNCES 50 PERCENT STOCK DIVIDEND

 NEW YORK, Oct. 21 /PRNewswire/ -- Harvey Sanders, chairman and president of Nautica Enterprises, Inc. (NASDAQ: NAUT), a company engaged in the design, manufacture and sale of fine quality men's activewear, sportswear, outerwear and furnishings, today announced that the board of directors has declared a 50 percent stock dividend. Stockholders of record on Nov. 1, 1993, will receive one additional share for each two shares they hold on such date. The dividend is payable on Nov. 15, 1993. No fractional shares will be issued. Cash in lieu of fractions will be paid as adjusted for the stock split.
 -0- 10/21/93
 /CONTACT: Sharon Burd, controller of Nautica Enterprises, 212-244-1111/
 (NAUT)


CO: Nautica Enterprises, Inc. ST: New York IN: TEX SU: DIV

SH-TW -- NY042 -- 5196 10/21/93 12:09 EDT
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Publication:PR Newswire
Date:Oct 21, 1993
Words:130
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