EDS: EDS files shelf registration for offering of common stock by GM Hourly Rate Employees Pension Plan.

0 Comments | M2 Presswire, August, 1999

M2 PRESSWIRE-9 August 1999-EDS: EDS files shelf registration for offering of common stock by GM Hourly Rate Employees Pension Plan (C)1994-99 M2 COMMUNICATIONS LTD RDATE:060899 PLANO, Texas -- Electronic Data Systems Corporation announced that it filed a shelf registration statement today with the Securities and Exchange Commission which, when effective, will permit the offer and sale from time to time by the General Motors Special Hourly Employees Pension Trust of up to 36,699,886 EDS common shares, including 11,250,000 shares currently registered for sale under an existing registration statement.

United States Trust Company of New York, which is the independent trustee of the General Motors Special Hourly Employees Pension Trust, will direct the stock...