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THE ST. PAUL COMPANIES MAY REPURCHASE UP TO 5 PERCENT OF OUTSTANDING COMMON STOCK

 THE ST. PAUL COMPANIES MAY REPURCHASE
 UP TO 5 PERCENT OF OUTSTANDING COMMON STOCK
 ST. PAUL, Minn., May 1 /PRNewswire/ -- The St. Paul Companies (NYSE: SPK) said today that it is reactivating a program initiated in September 1990 to repurchase on the open market up to 5 percent of its outstanding common stock, or 2,135,000 shares, from time to time as conditions warrant.
 At the current price of its stock, the company expects to begin the repurchase program immediately. The St. Paul Companies currently has 42.7 million common shares outstanding.
 The St. Paul Companies is a worldwide property-liability insurance organization.
 -0- 5/1/92
 /CONTACT: Barbara Reynolds of The St. Paul Companies, 612-221-7399/
 (SPK) CO: The St. Paul Companies ST: Minnesota IN: INS SU:


AL -- MN005 -- 5409 05/01/92 10:48 EDT
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Publication:PR Newswire
Date:May 1, 1992
Words:136
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