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ROYAL BANK OF PENNSYLVANIA ANNOUNCES STOCK REPURCHASE RESOLUTION

 NARBERTH, Pa., Aug. 26 /PRNewswire/ -- Royal Bank of Pennsylvania's (NASDAQ: RBPAA) board of directors has received permission authorizing the bank to repurchase up to 6 percent of the outstanding shares of the corporation's Class "A" common stock, the bank announced today.
 Aggregate purchases are not to exceed $3 million.
 Royal Bank of Pennsylvania, with nine offices in southeastern Pennsylvania, caters to growing businesses and professionals with annual sales of up to $25 million. Executive offices are located in Narberth, with offices in King of Prussia, Phoenixville, Bridgeport, Trooper, Jenkintown and Center City Philadelphia.
 /delval/
 -0- 8/26/93
 /CONTACT: Dave Greenfield of Royal Bank of Pennsylvania, 215-668-4700/
 (RBPA)


CO: Royal Bank of Pennsylvania ST: Pennsylvania IN: FIN SU:

MK-MP -- PH002 -- 6036 08/26/93 09:21 EDT
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Publication:PR Newswire
Date:Aug 26, 1993
Words:127
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