USA WASTE SERVICES ANNOUNCES STOCK REPURCHASE PROGRAM
USA WASTE SERVICES ANNOUNCES STOCK REPURCHASE PROGRAM DALLAS, Oct. 26 /PRNewswire/ -- USA Waste Services, Inc.
(NASDAQ: USAS) announced today that its board of directors authorized the company to commence a program to purchase up to 250,000 shares of the company's common stock in transactions on the NASDAQ National Market over the next 90-day period.
The company believes that its shares are currently undervalued and that the repurchase program represents an excellent investment opportunity for a limited portion of the company's available funds. Shares purchased will be held as treasury shares that may be reissued in the future upon exercise of outstanding options or warrants or in connection with future acquisitions. USA Waste, based in Dallas, Texas is a rapidly growing solid waste management company performing both waste collection and disposal services in multiple locations nationwide. -0- 10/26/92 /CONTACT: Earl E. DeFrates of USA Waste Services, 214-233-4212/ (USAS) CO: USA Waste Services, Inc. ST: Texas IN: SU:
SM -- NY042 -- 4667 10/26/92 10:25 EST
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|Date:||Oct 26, 1992|
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