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Litton OKs Buy-Backs of 3 Million Shares of Stock

REGIONAL ROUNDUP

June 25, 1996

Litton Industries Inc., a Woodland Hills maker of military ships and navigation systems, said its board has approved the periodic repurchase of up to 3 million shares of common stock.

Among other purposes, the buy-back will provide stocks for issuance when stock options, granted as part of compensation plans, are cashed in.

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