You will be redirected back to your article in seconds

Clear Channel splits stock

Media co. gives 2-for-1, yet to finalize

NEW YORK — Clear Channel announced a 2-for-1 stock split Wednesday but declined to give a record date or an issue date, saying a special meeting will be called to finalize details relevant to the split.

Shares of the San Antonio-based media and outdoor company have traded between $47.5 and $101 over the past year, closing down $2.44 Wednesday to $88.50.

Including pending transactions, Clear Channel owns or programs 195 radio stations and 18 TV stations in 46 U.S. markets and has 88,000 outdoor displays in 31 domestic markets. More recently, the company has been expanding internationally, including a 40% stake in Mexican media conglomerate Grupo Acir and a bid that’s under consideration to take massive European billboard provider More Group Plc.

More Biz

  • Time Square Station Explosion

    NYPD Investigating Explosion in Times Square Station, Suspect in Custody

    NEW YORK — Clear Channel announced a 2-for-1 stock split Wednesday but declined to give a record date or an issue date, saying a special meeting will be called to finalize details relevant to the split. Shares of the San Antonio-based media and outdoor company have traded between $47.5 and $101 over the past year, […]

  • Celebrities Respond to Viral Keaton Jones

    Celebrities Send Messages of Support to Bullied Boy: 'Stay Strong'

    NEW YORK — Clear Channel announced a 2-for-1 stock split Wednesday but declined to give a record date or an issue date, saying a special meeting will be called to finalize details relevant to the split. Shares of the San Antonio-based media and outdoor company have traded between $47.5 and $101 over the past year, […]

  • Max Clifford death. File photo dated

    Max Clifford, Former Celebrity Publicist, Dies in Prison at 74

    NEW YORK — Clear Channel announced a 2-for-1 stock split Wednesday but declined to give a record date or an issue date, saying a special meeting will be called to finalize details relevant to the split. Shares of the San Antonio-based media and outdoor company have traded between $47.5 and $101 over the past year, […]

  • Hannibal Buress Arrested in Miami for

    Hannibal Buress Arrested in Miami for Disorderly Intoxication

    NEW YORK — Clear Channel announced a 2-for-1 stock split Wednesday but declined to give a record date or an issue date, saying a special meeting will be called to finalize details relevant to the split. Shares of the San Antonio-based media and outdoor company have traded between $47.5 and $101 over the past year, […]

  • Charlie Sheen Sues National Enquirer Over

    Charlie Sheen Sues National Enquirer Over Rape Claim

    NEW YORK — Clear Channel announced a 2-for-1 stock split Wednesday but declined to give a record date or an issue date, saying a special meeting will be called to finalize details relevant to the split. Shares of the San Antonio-based media and outdoor company have traded between $47.5 and $101 over the past year, […]

  • Walt Disney Studios

    Disney Music Executive Charged with Child Sex Abuse (EXCLUSIVE)

    NEW YORK — Clear Channel announced a 2-for-1 stock split Wednesday but declined to give a record date or an issue date, saying a special meeting will be called to finalize details relevant to the split. Shares of the San Antonio-based media and outdoor company have traded between $47.5 and $101 over the past year, […]

More From Our Brands

Access exclusive content