Franklin Electric Completes Buyback of 1,200,000 Shares at $86.78 Per Share
Franklin Electric Co., Inc. $(FELE)$ announced the successful completion of a stock purchase transaction involving 1,200,000 units from the Patricia Schaefer Settlement Trust at a price of 86.78 per unit. The transaction supports the Schaefer estate in fulfilling its tax obligations and reflects the company's confidence in its financial strength and future prospects.
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