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PHM SHAREHOLDERS APPROVE NAME CHANGE TO PULTE CORPORATION; BOARD DECLARES REGULARLY QUARTERLY DIVIDEND

 BLOOMFIELD HILLS, Mich., May 13 /PRNewswire/ -- PHM Corporation (PHM), (NYSE: PHM), (Contact: William J. Crombie, 313-647-2750) announced today that its shareholders approved the proposal to change the Company's name to Pulte Corporation. It is anticipated that the name change will be effective July 1, 1993 and that the Company will continue to trade under the symbol "PHM".
 Separately, the Company announced that its Board of Directors declared a regularly quarterly dividend of $.06 per share on the Company's common stock payable July 1, 1993, to shareholders of record at the close of business on June 18, 1993.
 -0- 5/13/93
 /CONTACT: William J. Crombie of PHM Corporation, 313-647-2750/
 (PHM)


CO: PHM Corporation ST: Michigan IN: CST SU: DIV

DH -- DE030 -- 8168 05/13/93 13:57 EDT
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Publication:PR Newswire
Date:May 13, 1993
Words:128
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