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RAYTHEON BOARD VOTES 2-FOR-1 STOCK SPLIT

 RAYTHEON BOARD VOTES 2-FOR-1 STOCK SPLIT
 LEXINGTON, Mass., Feb. 26 /PRNewswire/ -- The Board of Directors


of Raytheon Company (NYSE: RTN) today voted to split the company's common stock, $1 par value, on a two-for-one basis.
 The additional shares resulting from the split will be distributed on or about April 3, 1992, to stockholders of record March 9, 1992. The board indicated its intention to pay dividends on the split stock at a quarterly rate of 32.5 cents per share. (Raytheon's board had previously raised the quarterly dividend to 65 cents, or $2.60 per share.)
 The board also voted to amend the certificate of designation, preferences and rights of a junior participating serial preferred stock series to increase the number of preferred shares from 1 million to 2 million.
 Raytheon, headquartered in Lexington, Mass., is a diversified, technology-based international company active in electronics, aviation, appliances, energy and environmental services, and publishing. It recorded sales of $9.3 billion in 1991.
 -0- 2/26/92
 /CONTACT: Dick Sherman of Raytheon, 617-860-2415/
 (RTN) CO: Raytheon ST: Massachusetts IN: ARO SU:


EG -- NE011 -- 2817 02/26/92 12:50 EST
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Publication:PR Newswire
Date:Feb 26, 1992
Words:188
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