INVESTOR RELATIONS
News Releases
| SOURCE: |
Myers Industries, Inc. |
| CONTACT: |
Gregory J. Stodnick, Vice
President, Finance |
|
(330) 253-5592 |
|
|
MYERS
INDUSTRIES
ANNOUNCES STOCK REPURCHASE
FOR IMMEDIATE RELEASE:
September 29, 1997, Akron, Ohio -- Myers Industries, Inc. (AMEX: MYE) today announced it
purchased a block of 326,100 shares of its common stock. The shares will be held in
treasury for general corporate purposes.
In 1994, the Myers Industries
Board of Directors authorized the Company to purchase approximately 3 million shares of
its stock on the open market from time to time. As of August 31, 1997, the Company had
approximately 18. 6 million shares outstanding.
Myers Industries, Inc. is a
diversified manufacturer of polymer and metal products for industrial, commercial, and
consumer markets; and a nationwide wholesale distributor of tire repair, and undercar
service products.
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