Tenneco Inc said it will redeem on Aprileight all 2,515,400 outstanding shares of its 11 dlr cumulative
preferred stock.
    The company said it would pay 102 dlrs a share for the
preferred stock, plus accrued and unpaid dividends of 24 cts a
share.
    Tenneco said it will pay the regular quarterly dividend on
the preferred on March 31 to shareholders of record February
27.
 Reuter
