ROBBINS & MYERS TO BUY BACK SHARES
ROBBINS & MYERS TO BUY BACK SHARES DAYTON, Ohio, Oct. 13 /PRNewswire/ -- Robbins & Myers, Inc.
(NASDAQ: ROBN) announced that its board of directors has authorized the purchase of up to 200,000 shares of its common stock. Such purchases will occur from time to time in the open market or in privately negotiated transactions. The company stated it intends to use these shares to fund employee benefit plans.
Robbins & Myers, Inc. is an international manufacturer and marketer of high-value, superior-quality fluid management products and systems for the process industries including: waste water, chemical, food, pharmaceutical, pulp and paper and energy recovery. Headquartered in Dayton, Ohio, Robbins & Myers has facilities in the United States, Canada, Europe and Singapore. The company's shares are traded on the NASDAQ/NMS under the symbol ROBN. -0- 10/13/92 /CONTACT: Hugh E. Becker, director, corporate relations, of Robbins & Myers, Inc., 513-225-3335/ (ROBN) CO: Robbins & Myers, Inc. ST: Ohio IN: MAC SU:
SM -- CL008 -- 9165 10/13/92 09:26 EDT
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|Date:||Oct 13, 1992|
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