POPE EVANS <PER> REPURCHASES SHARES Pope, Evans and Robbins Inc said it has repurchased 780,000 common shares from Putnam Mills Corp principals Sidney and Peter Kaplan for 2.25 dlrs per share. It said the purchase price will be applied against the 1,700,000 dlrs Putnam Mills currently owes Pope Evans for merchandise. Pope Evans has about 7.6 mln shares outstanding. The company also said it has agreed in principle to acquire privately-held Pat Fashions Industries Inc for 18 mln dlrs in cash and notes, with financing to come partly from bank borrowings, subject to approval by the Pope Evans board and Pat shareholders. Pat Fashions imports apparel from the Far East and makes apparel domestically as well. In the year ended November 30, Pat earned 5,400,000 dlrs pretax on sales of 83.0 mln dlrs.