Barris Industries Incsaid it agreed to buy back 763,546 shares, or 8.6 pct of its
own common stock from company founder Charles Barris for 12.50
dlrs per share.
    Barris and the company have also terminated an agreement
which granted Barris Industries the right of first refusal for
a five year period on any project initiated by Barris, the
company said.
 Reuter
