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Common Shareholder's Equity
3 Months Ended
Mar. 31, 2013
Disclosure Text Block  
Common Shareholders' Equity

10. Common Share Repurchases

 

U.S. Cellular Share Repurchases

 

On November 17, 2009, the Board of Directors of U.S. Cellular authorized the repurchase of up to 1,300,000 Common Shares on an annual basis beginning in 2009 and continuing each year thereafter, on a cumulative basis. These purchases will be made pursuant to open market purchases, block purchases, private purchases, or otherwise, depending on market prices and other conditions. This authorization does not have an expiration date.

 

Share repurchases made under this authorization were as follows:

Three Months Ended March 31,Number of Shares Average Cost Per Share Amount
(Dollars and shares in thousands, except cost per share)      
2013        
 U.S. Cellular Common Shares 496 $ 37.16 $ 18,425
2012        
 U.S. Cellular Common Shares - $ -  $ -