Figgie International Announces Stock Buy-Back Program.
CLEVELAND--(BUSINESS WIRE)--Feb. 25, 1998--Figgie International
Inc. (The Nasdaq Stock Market:FIGIA and FIGI) today announced in its
earnings release that its Board of Directors has authorized a stock
buy-back program of up to 1,000,000 shares of its Class A and Class B
common stock in the aggregate over the course of the year.
Figgie International Inc. manufactures high-performance
respiratory systems and equipment for aviation, industrial, fire and
government markets through its Scott Aviation division and designs and
manufactures satellite-based guidance, navigation, instrumentation and
communications systems for defense and commercial markets through its
Interstate Electronics division.
CONTACT: Figgie International Inc.
Bill Sickman/Rob Berick, 440/684-3415/3416
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