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BRIEFLY

Whittaker will buy back stock at $34 per share.

September 10, 1986

Whittaker said it will pay $34 per share for all of the nearly 4.6 million shares tendered under the company's stock repurchase offer, which is part of a corporate restructuring. Whittaker previously said it would buy up to 4 million of its 12.9 million outstanding common shares, inviting shareholders to tender stock at prices from $30 to $34 per share. Whittaker's board separately authorized the repurchase of up to 1 million company shares on the open market.

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