DoubleClick Initiates Stock Repurchase Plan

NEW YORK DoubleClick plans to repurchase up to $100 million of its common stock intermittently on the open market or in privately negotiated transactions, the online ad technology company said yesterday.

At today’s midday trading price of $9, that amount represents about 1.1 million of DoubleClick’s 137.6 million shares of outstanding common stock.

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