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NEUTROGENA ANNOUNCES STOCK REPURCHASE AUTHORIZATION

 LOS ANGELES, Sept. 21 /PRNewswire/ -- Neutrogena Corp. (NASDAQ: NGNA) today announced that on Sept. 20, 1993, its board of directors authorized the company to purchase up to 1 million shares of Neutrogena common stock from time to time in the open market or negotiated transactions. A previous authorization of 1 million shares, made in December 1989, has been fully utilized.
 At July 31, 1993, the company had 25.9 million shares outstanding, net of treasury stock.
 Neutrogena Corp., headquartered in Los Angeles, manufactures and sells high quality, premium priced specialty skin care and hair care products.
 -0- 9/21/93
 /CONTACT: Donald R. Schort, Neutrogena Corp., 310-642-1150; or Cecilia A. Wilkinson or Kim P. Feazle, Pondel Parsons & Wilkinson, 310-207-9300/
 (NGNA)


CO: Neutrogena Corp. ST: California IN: HOU SU:

LS-MF -- LA040 -- 4435 09/21/93 19:09 EDT
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Publication:PR Newswire
Date:Sep 21, 1993
Words:137
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