Universal 12-Sheet Deluxe Two- and Three-Hole Adjustable Punch, 9/32" Holes, Black - Universal's Deluxe Adjustable Hole Punch combines comfort, value, and adaptability to provide quality in an important office product. Punches 12 sheets at a time to form two or three 9/32" holes. Punch heads will adjust for punching two or three holes. The punching operation is easier on hands thanks to a soft rubber-like grip on the handle and a removable chip tray that allows easy disposal of chads. Three punch heads adjust for two- or three-hole punching. Removable chip tray. Plastic/metal.