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TI TO REDEEM $149.6 MILLION PREFERRED STOCK

 DALLAS, Sept. 20 /PRNewswire/ -- Texas Instruments Incorporated today announced that it will redeem 1,496 shares of its auction-rate preferred stock, with an aggregate liquidation value of $149.6 million. Specific series of preferred stock to be redeemed are Money Market Cumulative Preferred Stock, Series 2, and Market Auction Preferred Stock, Series A-1. After the redemptions, no auction-rate preferred stock will remain outstanding.
 -0- 9/20/93
 /NOTE TO EDITORS: Texas Instruments Incorporated, headquartered in Dallas is a high-technology company with sales or manufacturing operations in more than 30 countries. TI products and services include semiconductors, defense electronics systems, software productivity tools, computers and peripheral products, custom engineering and manufacturing services, electrical controls, metallurgical materials, and consumer electronic products./
 /CONTACT: Buddy Price of Texas Instruments, 214-995-2355/


CO: Texas Instruments Incorporated ST: Texas IN: CPR SU:

SM -- NY027 -- 3522 09/20/93 09:37 EDT
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Publication:PR Newswire
Date:Sep 20, 1993
Words:144
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