SECURITIES AND EXCHANGE COMMISSSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) NOVEMBER 7, 1997
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FRANKLIN ELECTRIC CO., INC.
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(Exact name of registrant as specified in its charter)
Indiana 0-362 35-0827455
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
400 East Spring Street
Bluffton, Indiana 46714
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(Address of Principal Executive Offices) (Zip Code)
(219) 824-2900
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
In July, 1997, the Board of Directors of Franklin Electric Co., Inc. (the
"Company") authorized the repurchase of up to 500,000 shares of the Company's
Common Stock in open market or privately negotiated transactions at such times
and such prices as determined by the Company. On November 7, 1997, the
Company agreed to purchase 75,000 shares of Common Stock in an open market
block purchase at a price of $56.75 per share. This sale was settled on
November 13, 1997. The Company completed a previously authorized repurchase
of 500,000 shares in January, 1997.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Franklin Electric Co., Inc.
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(Registrant)
Date November 13, 1997 By Jess B. Ford
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(Signature)
Jess B. Ford
Vice President and
Chief Financial Officer
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