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THERMO ELECTRON TO BUY ITS OWN AND SUBSIDIARIES' SECURITIES

 WALTHAM, Mass., May 27 /PRNewswire/ -- Thermo Electron Corporation (NYSE: TMO) announced today that its Board of Directors has authorized the repurchase, through March 1994, of up to $50 million of its own securities and those of its publicly held subsidiaries in the open market, when securities are available at prices the company considers attractive.
 Thermo Electron develops, manufactures, and markets environmental and analytical instruments, custom-engineered and pre-packaged cogeneration systems, industrial process equipment, biomedical materials and products, and fabricated biomedical and aerospace components. The company also provides metallurgical heat treating, water quality engineering, and analytical laboratory services.
 -0- 5/27/93
 /CONTACT: John Hatsopoulos of Thermo Electron, 617-622-1111/
 (TMO)


CO: Thermo Electron ST: Massachusetts IN: SU:

DD -- NE005 -- 2785 05/27/93 08:57 EDT
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Publication:PR Newswire
Date:May 27, 1993
Words:124
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