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) JANUARY 29, 1997
FRANKLIN ELECTRIC CO., INC.
(Exact name of registrant as specified in its charter)
Indiana 0-362 35-0827455
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
400 East Spring Street 46714-3798
Bluffton, Indiana (Zip Code)
(Address of Principal Executive Offices)
Registrant's telephone number, including area code (219) 824-2900
Item 5. Other Events.
In October 1996, 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 January 29, 1997, the Company completed the purchase
of 500,000 shares of Common Stock in three separate privately
negotiated transactions at a purchase price in each case of $48 per
share.
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 January 29, 1997 By /s/ Jess B. Ford
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(Signature)
Jess B. Ford
Vice President and
Chief Financial Officer
