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) SEPTEMBER 9, 1998
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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.
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On September 9, 1998, the Company completed the repurchase of 69,700
shares of its common stock at $63.125 per share. These shares were purchased
in an open market block purchase pursuant to the stock repurchase program
authorized by the Company's Board of Directors.
In addition to the above repurchase, the Company repurchased, in the open
market, a total of 9,600 shares of its common stock for $0.6 million during
the period from August 4, 1998 to September 9, 1998. All repurchased shares
were retired.
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 September 9, 1998 By /s/ Jess B. Ford
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(Signature)
Jess B. Ford
Senior Vice President and
Chief Financial Officer
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