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iHEARTMEDIA, INC. subsidiary iHEART OPERATIONS, INC. has repurchased and cancelled all of the 60,000 shares of its Series A Perpetual Preferred Stock, at a price of $1,000 per share plus an additional sum representing remaining dividends through the optional redemption date of MAY 1, 2022. The buyback cost iHEART an aggregate $64.35 million."We are pleased to have voluntarily repurchased the full balance of our $60 million preferred stock, demonstrating our commitment to strengthening .
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