<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of report: October 5, 2000
CLEAR CHANNEL COMMUNICATIONS, INC.
(Exact Name of Registrant as Specified in Its Charter)
TEXAS 1-9645 74-1787536
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
200 East Basse Road, San Antonio, Texas 78209
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (210) 822-2828
<PAGE> 2
ITEM 5. OTHER EVENTS.
On October 5, 2000, Clear Channel Communications, Inc., a Texas
corporation (the "Company"), issued a press release announcing that the
Company's Board of Directors had authorized the repurchase of up to $1 billion
of the Company's Common Stock over the next 12 months. Such repurchase will be
effected through open market purchases pursuant to Rule 10b-18 of the Securities
Exchange Act of 1934, as amended, block trades and in privately negotiated
transactions.
Reference is made to the press release filed as Exhibit 99.1 hereto.
The information set forth in Exhibit 99.1 is hereby incorporated by reference
herein.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press Release of Clear Channel Communications, Inc.
issued October 5, 2000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CLEAR CHANNEL COMMUNICATIONS, INC.
Date: October 5, 2000 By: /s/ Juliana F. Hill
------------------------------
Juliana F. Hill
Senior Vice President - Finance
<PAGE> 3
INDEX TO EXHIBITS
<TABLE>
<CAPTION>
EXHIBIT
NUMBER DESCRIPTION
------- -----------
<S> <C>
99.1 Press Release of Clear Channel Communications, Inc. issued October 5,
2000.
</TABLE>
