SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported) July 23, 1996
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) (Zipcode)
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 July 18, 1996, the Registrant's Board of Directors approved the
repurchase by the Registrant of 10 million shares of the Registrant's
outstanding common stock, par value $1.66 2/3 per share (the "Common Stock").
As of the close of business on June 30, 1996, 187,086,192 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.
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
Senior Vice President, Finance
Date: July 23, 1996
