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UNITED MEDICAL INCREASES STOCK BUY BACK PROGRAM

 UNITED MEDICAL INCREASES STOCK BUY BACK PROGRAM
 HADDONFIELD, N.J., March 10 /PRNewswire/ -- United Medical


Corporation (AMEX: UM) (UM), of Haddonfield, today announced that its board of directors has authorized the company to purchase, from time to time on the open market, an additional 250,000 shares of its common stock.
 The company initiated a 1 million share stock buy back program in 1986 and has purchased 976,000 shares to date.
 United Medical said it views its common stock as an excellent investment opportunity and the reacquired shares will be held in treasury, where they will be available for acquisition, employee benefit plans, or for retirement.
 /delval/
 -0- 3/10/92
 /CONTACT: Deborah McKeever of UM, 609-354-2200/
 (UM) CO: United Medical Corporation ST: New Jersey IN: HEA SU:


MK-JS -- PH016 -- 6911 03/10/92 12:59 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 10, 1992
Words:138
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