RODMAN/RENSHAW <RR> TO BUY 200,000 OF ITS SHARES
Rodman and Renshaw Capital Group Inc
said its directors approved the repurchase of up to 200,000
shares of the company's common stock on the open market, from
time to time.
    The shares may be used for acquisition and for stock option
plans, it said.
    Rodman and Renshaw completed its initial public offering of
1.5 mln common shares in June 1986.  There are currently about
4.2 mln shares issued and outstanding, it noted.
 Reuter
