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WARNER INSURANCE SERVICES ANNOUNCES STOCK REPURCHASE PLAN

 WARNER INSURANCE SERVICES ANNOUNCES STOCK REPURCHASE PLAN
 FAIR LAWN, N.J., July 14 /PRNewswire/ -- Warner Insurance Services, Inc. (NYSE: WCP) today announced that its board of directors has approved a plan to repurchase up to 250,000 shares of the corporation's outstanding common stock on the New York Stock Exchange or otherwise from time to time subject to prevailing market conditions.
 Harvey Krieger, president and chairman of the board of directors of Warner, stated that the corporation's continued improving performance, increased liquidity and current market levels of the common stock resulted in management's recommendation to the board of directors to adopt the repurchase plan. Shares repurchased may be used for stock option issuances or other corporate purposes.
 Warner Insurance Services, Inc., a New York Stock Exchange company, provides policy administration, underwriting and claims services to automobile insurance companies.
 -0- 7/14/92
 /CONTACT: Bradley J. Hughes, VP-finance and administration of Warner Insurance Services, 201-794-4817/
 (WCP) CO: Warner Insurance Services Inc. ST: New Jersey IN: INS SU:


CK -- NY026 -- 9000 07/14/92 10:02 EDT
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Publication:PR Newswire
Date:Jul 14, 1992
Words:175
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