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PRIMERICA ANNOUNCES 4 MILLION SHARE REPURCHASE AUTHORIZATION

 PRIMERICA ANNOUNCES 4 MILLION SHARE REPURCHASE AUTHORIZATION
 NEW YORK, June 10 /PRNewswire/ -- Primerica Corporation (NYSE: PA) today announced that its board of directors has authorized the repurchase of up to 4.0 million shares of the company's common stock, subject to market conditions. This is in addition to the 773,200 shares that remain authorized for repurchase under a previous program.
 The repurchase, which may be made from time to time, will be used for issuance of stock in conjunction with the ongoing requirements of employee stock option plans and other employee benefit plans.
 Primerica Corporation is a diversified financial services company principally engaged in investment banking and securities brokerage, mutual funds and asset management, consumer lending, and life, credit, accident & health, and property & casualty insurance. As of March 31, 1992, Primerica had assets of approximately $21 billion and book value of $31.63 per share.
 -0- 6/10/92
 /CONTACT: Mary McDermott, 212-891-8870, or Avery Hunt, 212-891-8871, both of Primerica/
 (PA) CO: Primerica Corporation ST: New York IN: FIN SU:


SH -- NY022 -- 8703 06/10/92 09:48 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 10, 1992
Words:180
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