THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Tuesday, December 5, 1995 TAG: 9512050360
SECTION: BUSINESS PAGE: D1 EDITION: FINAL
TYPE: Daily Digest
LENGTH: Short : 21 lines
Tredegar Industries in Richmond said that since Sept. 30 it has purchased 355,400 shares of its common stock for $10.6 million. Since becoming an independent company in 1989, Tredegar has purchased 4.1 million shares, or 34 percent of its originally outstanding common stock, for $74.2 million. Tredegar has about 8.1 million shares of common stock outstanding. On Sept. 28, the company's board of directors declared a three-for-two stock split and a regular quarterly dividend of 6 cents per share. The stock and cash dividends are payable Jan. 1 to shareholders of record on Dec. 8. (Staff) by CNB