THOMAS INDUSTRIES INC
8-K, 1997-10-17
ELECTRIC LIGHTING & WIRING EQUIPMENT
Previous: TEXAS INSTRUMENTS INC, 10-Q, 1997-10-17
Next: TRANS LUX CORP, SC 13D/A, 1997-10-17




                       SECURITIES AND EXCHANGE COMMISSION

                             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
                                October 16, 1997





                             THOMAS INDUSTRIES INC.
             (Exact name of registrant as specified in its charter)





                                    Delaware
                 (State or other jurisdiction of incorporation)




             1-5426                        61-0505332
    (Commission File Number)    (IRS Employer Identification No.)

4360 Brownsboro Road, Suite 300, Louisville, Kentucky                   40207   
     (Address of principal executive offices)                         (Zip Code)


               Registrant's telephone number, including area code
                                  502/893-4600




ITEM 5.  Other Events.

     On October 16, 1997, the registrant issued a press release announcing a
three-for-two stock split on all shares of its common stock and declaring a cash
dividend of 7-1/2 cents per share.


ITEM 7.  Financial Statements and Exhibits.

     (c)  Exhibits

Exhibit Number                Description

       99.1              Press release dated October 16, 1997
                         issued by the registrant.


                                   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.

                                   THOMAS INDUSTRIES INC.
                                        (Registrant)


                                   By: /s/ Phillip J. Stuecker
                                        Phillip J. Stuecker, Vice President of
                                        Finance, Chief Financial Officer, and
                                        Secretary

Dated:  October 16, 1997




                                                                         N E W S
                                                                   r e l e a s e

[Logo]


THOMAS INDUSTRIES INC.
EXECUTIVE OFFICE
4360 Brownsboro Road, Suite 300
P.O. Box 35120
Louisville, Kentucky 40232-5120
(502) 893-4600 - (502) 895-6618 FAX



     October 16, 1997, Louisville, Kentucky   The Board of Directors of Thomas
Industries Inc. (NYSE:TII) today authorized a three-for-two stock split on all
shares of its common stock, payable (mailing date) December 1, 1997, for
shareholders of record November 14, 1997.  For every two shares of the Company's
common stock held on the record date, the holder will receive one additional
share.  In lieu of fractional shares, each stockholder will be paid a cash
equivalent based on the closing price of the common stock on the New York Stock
Exchange on November 14, 1997, as adjusted for the stock split.  The Company's
transfer agent, Fifth Third Bank, will act as agent for the stock split.
The Company also announced that the Board of Directors declared a cash dividend
of 7-1/2 cents per share. The cash dividend is payable January 1, 1998, to
shareholders of record December 12, 1997.  Due to the effect of the stock split,
this will create a 12-1/2% increase in the cash dividend.  This will be the
170th consecutive quarterly cash dividend paid by the Company.

     In announcing the stock split, Timothy C. Brown, Chairman, President and
Chief Executive Officer, said, "This action, which demonstrates our confidence
in the continued growth of our Company, is intended to increase the liquidity in
our stock and create an expanded universe of potential stockholders."

     Thomas Industries Inc., headquartered in Louisville, Kentucky, is a
recognized leader in the design and manufacture of commercial, industrial and
consumer lighting products as well as compressors and vacuum pumps for global
OEM applications.  The Company has operations in the United States, Canada,
Mexico, South America, Europe and Asia, and has approximately 3,300 employees.

                                     #  #  #




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission