UNION CAMP <UCC> TO BUY BACK SHARES
Union Camp Corp said its board
approved repurchases of up to two mln shares of its common in
the market or in privately negotiated transactions.
    Union Camp said that no borrowings will be required to make
the purchases and there is no plan to reissue the common stock
purchased.
    Union Camp has about 73.7 mln shares outstanding.
 Reuter
