SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
OR 15d-17 THEREUNDER
MILGRAY ELECTRONICS, INC.
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(Exact name of issuer as specified in its charter)
77 Schmitt Boulevard, Farmingdale, New York 11735
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(Address of principal executive offices)
Issuer's telephone number, including area code (516) 420-9800
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I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or more in the number
of shares outstanding:
1. Title of security Common stock, par value 25 cents per share
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2. Number of shares outstanding before the change 3,386,588 outstanding shares
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plus 43,726 treasury shares
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3. Number of shares outstanding after the change 6,773,176 outstanding shares
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plus 43,726 treasury shares
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4. Effective date of change October 19, 1995
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5. Method of change: Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition
of stock for treasury, etc.)
2 for 1 stock split effected in the form of a 100% stock dividend
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Give brief description of transaction On July 19, 1995, the Board of Directors
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of the Issuer declared a 2 for 1 stock split to be effected in the form of a
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100% stock dividend of one share of the Issuer's common stock, par value 25
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cents per share, for each such share held of record on September 28, 1995,
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payable on October 19, 1995.
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II. CHANGE IN NAME OF ISSUER
Not applicable.
Date October 13, 1995 /s/ John Tortorici
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John Tortorici,
Vice President-Finance