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THERMO ELECTRON ANNOUNCES STOCK DIVIDEND

 WALTHAM, Mass., September 16 /PRNewswire/ -- Thermo Electron Corporation (NYSE: TMO) announced today that its board of directors has declared a three-for-two stock split in the form of a 50 percent stock dividend, payable on Oct. 28, 1993, to shareholders of record as of Oct. 14, 1993.
 Financial results for prior periods will be restated to reflect the stock dividend, which will increase the number of Thermo Electron shares outstanding to approximately 47.5 million.
 Thermo Electron develops, manufactures, and markets analytical and environmental-monitoring instruments, alternative-energy systems, industrial process equipment, biomedical products, and other products based on advanced technologies. The company also provides environmental and metallurgical services.
 -0- 9/16/93
 /CONTACT: John Hatsopoulos of Thermo Electron, 617-622-1111/
 (TMO)


CO: Thermo Electron ST: Massachusetts IN: CPR SU: DIV

JL -- NE008 -- 2697 09/16/93 12:59 EDT
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Publication:PR Newswire
Date:Sep 16, 1993
Words:136
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