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REPOSSESSION AUCTION, INC., ANNOUNCES SHARE BUY-BACK

 MIAMI, Oct. 18 /PRNewswire/ -- Repossession Auction, Inc. (NASDAQ-NMS: REPO), announced that it is embarking on a program to buy back up to 500,000 shares of its common stock.
 On Oct. 4, 1993, the board of directors of Repossession Auction, Inc., a Delaware corporation, authorized the company to purchase 500,000 shares of Repossession Auction, Inc.'s common stock from the open market from time to time.
 -0- 10/18/93
 /CONTACT: Lloyd Lyons, chairman and chief executive officer, of Repossession Auction, 305-756-1000/
 (REPO)


CO: Repossession Auction, Inc. ST: Florida, Delaware IN: FIN SU:

MH-IH -- DC026 -- 3408 10/18/93 12:48 EDT
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Publication:PR Newswire
Date:Oct 18, 1993
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