CLEAR CHANNEL CLIMBS
By BroadCasting & Cable Staff -- Broadcasting & Cable, 10/8/2000 8:00:00 PM
Shares of Clear Channel climbed more than 10% Friday morning following an announcement the day before of a $1 billion buyback over the next 12 months. The company had made the announcement following normal trading hours Thursday, when the company had closed at a 52-week low, $45½. Several analysts were positive about the stock Friday.
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