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TEKTRONIX DIRECTORS APPROVE LIMITED REPURCHASE OF COMMON STOCK

 WILSONVILLE, Ore., March 17 /PRNewswire/ -- The board of directors of Tektronix (NYSE: TEK) today announced the approval of a program designed to purchase up to two million shares of the company's common stock to offset future share issuances from the exercise of options under the company's stock option programs. Purchases will be made from time to time in the open market.
 This is the second stock repurchase program announced this fiscal year. On Oct. 12, 1992, the company announced that its 401(k) plan trustee will be from time to time purchasing the company's common shares in the open market for use under its 401(k) plan for employees.
 "This repurchase program is another component of our effort to enhance shareholder value," said Jerome J. Meyer, chairman and chief executive officer. "It is our desire to minimize the dilution to shareholders from our retirement and incentive programs."
 Tektronix is a leading manufacturer of electronics products and systems in areas of test and measurement, computer graphics and television systems. Revenues in fiscal 1992 were $1.3 billion. The company is headquartered in Wilsonville, and has operations worldwide.
 -0- 3/17/93
 /CONTACT: Doug Shafer, investor relations, 503-685-4111, or fax, 503-685-4099, or Jeanine Navarra, public relations, 503-685-4044, or fax, 503-685-4017, both of Tektronix/
 (TEK)


CO: Tektronix Inc. ST: Oregon IN: CPR SU:

SW-LM -- SE008 -- 7132 03/17/93 16:01 EST
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Publication:PR Newswire
Date:Mar 17, 1993
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