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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form 8-K
Current Report Pursuant to Section l3 or l5(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported) October 20, 1994
PPG INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Pennsylvania 1-1687 25-0730780
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
One PPG Place, Pittsburgh, Pennsylvania 15272
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (412) 434-3131
Not Applicable
(Former name or former address, if changed since last report)
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Item 5. Other Events
On October 20, 1994, the Registrant's Board of Directors approved the
repurchase by the Registrant of 6.5 million shares of the Registrant's
outstanding common stock, par value $1.66 2/3 per share (the "Common Stock").
As of September 30, 1994, 212,665,953 shares of the Registrant's Common Stock
were held by the public. The shares may be repurchased in the open market or
in private transactions and no timetable was established for the repurchase.
CS First Boston Corporation is exclusive agent for the initial part of the
repurchase program.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PPG INDUSTRIES, INC.
(Registrant)
/s/ W. H. Hernandez
W. H. Hernandez
Vice President and Controller
Date: October 20, 1994
