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THE INTERPUBLIC GROUP OF COMPANIES BOARD VOTES TO DECLARE SPLIT

 THE INTERPUBLIC GROUP OF COMPANIES BOARD VOTES TO DECLARE SPLIT
 NEW YORK, May 19 /PRNewswire/ -- The Interpublic Group of Companies, Inc. (NYSE: IPG), announced today, following its annual meeting of stockholders at which the increase of the authorized common stock of Interpublic to 100 million shares of a par value of $.10 per share was approved, that its board of directors voted to declare a two-for-one split of the issued common stock in the form of a 100 percent stock dividend, payable June 15, 1992, to stockholders of record at the close of business on June 1, 1992.
 In addition, the board of directors voted to increase the quarterly dividend from $.21 to $.23 per share based on the pre-split shares, payable on June 15, 1992, to stockholders of record at the close of business on June 1, 1992.
 These actions are being taken by the board of directors to make additional shares available to be issued for various purposes and to improve the marketability of the shares by making them more attractive to investors and thereby encouraging more widespread share ownership.
 -0- 5/19/92
 /CONTACT: Eugene P. Beard, 212-399-8053, or William S. Keating, 212-399-8078, both of the Interpublic Group of Companies/
 (IPG) CO: The Interpublic Group of Companies, Inc. ST: New York IN: ADV SU: DIV


GK-OS -- NY053 -- 1791 05/19/92 11:50 EDT
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Publication:PR Newswire
Date:May 19, 1992
Words:227
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