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URCARCO, INC. ANNOUNCES CONTINUED SHARE REPURCHASES

 URCARCO, INC. ANNOUNCES CONTINUED SHARE REPURCHASES
 FORT WORTH, Texas, Sept. 23 /PRNewswire/ -- The board of directors


of URCARCO, INC. (NYSE: KAR) has authorized the continued repurchase of the company's common stock on the New York Stock Exchange, in the open market and in privately negotiated transactions. The board of directors also increased the aggregate number of shares authorized to be repurchased to 6 million shares.
 The repurchase of up to 4 million shares of the company's common stock, through Sept. 30, 1992, was previously authorized by the board of directors. A total of 2,614,200 shares of common stock has been repurchased by the company since the commencement of its stock repurchase program. The repurchase program will continue as long as the company views the common stock as an attractive investment opportunity. On Sept. 23, 1992, there were 28,887,366 shares of common stock outstanding.
 -0- 9/23/92
 /CONTACT: Beverly H. Mastran of URCARCO, 817-882-7009/
 (KAR) CO: URCARCO, Inc. ST: Texas IN: SU:


SM -- NY083 -- 2821 09/23/92 16:55 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Sep 23, 1992
Words:175
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