SPARTECH &lt;SPTN> REVERSE STOCK SPLIT APPROVED

  Spartech Corp said shareholders at the
  annual meeting approved a reverse stock split of the common
  stock, on a one-for-five basis.
      The company said the split was necessary in preparation for
  an offering of 25 mln dlrs in convertible subordinated
  debentures, expected to be made soon through Kidder, Peabody
  and Co.
      It said the new common stock will begin trading April 8
  under the symbol "SPTNd."
      Separately, Spartech said its board appointed Bradley
  Buechler as president, filling a vacancy.
      It said Lawrence Powers remains as chairman.
      Buechler, prior to his promotion, was executive vice
  president and chief operating officer. He will retain his
  duties as chief operating officer.
  

