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SNAPPLE BEVERAGE BOARD OF DIRECTORS DECLARES COMMON STOCK SPLIT

 VALLEY STREAM, N.Y., Aug. 16 /PRNewswire/ -- Snapple Beverage Corp. (NASDAQ-NMS: SNPL) announced today that at its meeting held Friday, Aug. 13, 1993, the board of directors declared a split of its common stock effected as 100 percent stock dividend payable Sept. 24, 1993 to shareholders of record on Sept. 3, 1993. The stock split is subject to shareholder approval of an increase in the number of shares of Snapple's authorized common stock to a level that would permit the proposed split. At the Aug. 13 directors' meeting the Snapple board also called a special meeting of stockholders for Sept. 22, 1993 for the purpose of approving the aforementioned increase in the number of authorized shares of its common stock from 70,000,000 to 140,000,000 shares.
 Snapple Beverage Corp. markets a broad range of natural beverages under the "Snapple" name. Snapple stock is quoted on the NASDAQ National Market System under the symbol SNPL.
 -0- 8/16/93
 /CONTACT: Adam Feild of Snapple Beverage Corp., 516-872-4800/
 (SNPL)


CO: Snapple Beverage Corp. ST: New York IN: FOD SU:

TM-MG -- NY008 -- 2846 08/16/93 07:30 EDT
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Publication:PR Newswire
Date:Aug 16, 1993
Words:189
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