SEC FILE NO. 70-7670
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CERTIFICATE PURSUANT TO
RULE 24
OF PARTIAL COMPLETION OF
TRANSACTIONS
GENERAL PUBLIC UTILITIES CORPORATION<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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In the Matter of :
: Certificate
General Public Utilities Corporation : Pursuant to
: Rule 24 of Partial
File No. 70-7670 : Completion of
: Transactions
(Public Utility Holding :
Company Act of 1935) :
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To the Members of the Securities and Exchange Commission:
The undersigned, General Public Utilities Corporation
("GPU"), hereby certifies pursuant to Rule 24 ("Rule 24") of the
General Rules and Regulations under the Public Utility Holding
Company Act of 1935 (the "Act") that certain of the transactions
proposed in the Application filed in SEC File No. 70-7670 have
been carried out in accordance with the terms and conditions of,
and for the purposes requested in, said Application and pursuant
to the Commission's Order dated October 23, 1989 and Supplemental
Order dated December 8, 1995 (collectively, the "Orders"), with
respect to said Application as follows:
1. Pursuant to the Order, GPU has been authorized to
issue and sell, from time-to-time through December 31, 2000, up
to 2,500,000 shares (without giving effect to a two-for-one stock
split by way of stock dividend effective May 29, 1991) of its
common stock, par value $2.50 per share (the "Common Stock"),
pursuant to a dividend reinvestment and stock purchase plan (the
"Plan") described in the Prospectus included as part of a
Registration Statement on Form S-3, No. 33-30765, as amended,
filed under the Securities Act of 1933.<PAGE>
2. On April 24, 1996, GPU issued and sold from
previously reacquired shares a total of 1,750 shares of Common
Stock to Plan participants who made optional cash payments to the
Plan in accordance with its terms. GPU sold such shares at a
price of $31.5820313 per share, or an aggregate of $55,268.55
which represents the average of the daily high and low sale
prices of the Common Stock as reported in The Wall Street Journal
for New York Stock Exchange Composite Transactions for the ten
trading days immediately preceding such date.
3. On May 29, 1996, GPU issued and sold from
previously reacquired shares a total of 41,686 shares of Common
Stock to Plan participants who made optional cash payments to the
Plan and/or reinvested dividends in accordance with its terms.
GPU sold such shares at a price of $33.6125 per share, or an
aggregate of $1,401,170.68 which represents the average of the
daily high and low sale prices of the Common Stock as reported in
The Wall Street Journal for New York Stock Exchange Composite
Transactions for the ten trading days immediately preceding such
date.
4. On June 26, 1996, GPU issued and sold from
previously reacquired shares a total of 2,759 shares of Common
Stock to Plan participants who made optional cash payments to the
Plan in accordance with its terms. GPU sold such shares at a
price of $33.4875 per share, or an aggregate of $92,392.01 which
represents the average of the daily high and low sale prices of
the Common Stock as reported in The Wall Street Journal for New
York Stock Exchange Composite Transactions for the ten trading
days immediately preceding such date.
2<PAGE>
5. To summarize, to date GPU has sold a total of
686,311 previously reacquired shares of Common Stock pursuant to
the Plan.
3<PAGE>
SIGNATURE
PURSUANT TO THE REQUIREMENTS OF THE PUBLIC UTILITY
HOLDING COMPANY ACT OF 1935, THE UNDERSIGNED COMPANY HAS DULY
CAUSED THIS STATEMENT TO BE SIGNED ON ITS BEHALF BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.
GENERAL PUBLIC UTILITIES CORPORATION
By:__________________________________
T. G. Howson
Vice President and Treasurer
Date: July 9, 1996<PAGE>
