CAPSTONE PHARMACY SERVICES INC
10-C, 1996-08-07
DRUGS, PROPRIETARIES & DRUGGISTS' SUNDRIES
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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

                        Capstone Pharmacy Services, Inc.
                 (Exact name of issuer as specified in charter)

              2930 Washington Boulevard, Baltimore, Maryland 21230
                    (Address of principal executive offices)

Issuer's telephone number, including area code    (410) 646-6987

                    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

2. Number of shares outstanding before the change   15,836,565


3. Number of shares outstanding after the change      20,061,545

4. Effective date of change    July 29, 1996

5. Method of change: Specify method (such as merger, acquisition, exchange,
   distribution, stock split, acquisition of stock for treasury, etc.)

   Private Offering

Give brief description of transaction        Issuance in Acquisition and Private
Offering in connection therewith.
________________________________________________________________________________


                          II. CHANGE IN NAME OF ISSUER

1. Name prior to change ________________________________________________________

2. Name after change ___________________________________________________________

3. Effective date of charter amendment changing name ___________________________

4. Date of shareholder approval of change, if required _________________________
     
Date     8/7/96                       /s/ Donald W. Hughes
     ---------------                  ------------------------------
                                      Donald W. Hughes
                                      Vice-President, CFO, Secretary
                                      and Treasurer





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