sharerepurchase.htm

0000018926-07-000011.txt : 20070628 0000018926-07-000011.hdr.sgml : 20070628 20070628090205 ACCESSION NUMBER: 0000018926-07-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070627 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070628 DATE AS OF CHANGE: 20070628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTURYTEL INC CENTRAL INDEX KEY: 0000018926 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 720651161 STATE OF INCORPORATION: LA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07784 FILM NUMBER: 07945260 BUSINESS ADDRESS: STREET 1: P O BOX 4065 STREET 2: 100 CENTURYTEL DR CITY: MONROE STATE: LA ZIP: 71203 BUSINESS PHONE: 3183889000 MAIL ADDRESS: STREET 1: 100 CENTURYTEL DR STREET 2: P O BOX 4065 CITY: MONROE STATE: LA ZIP: 71203 FORMER COMPANY: FORMER CONFORMED NAME: CENTURY TELEPHONE ENTERPRISES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CENTRAL TELEPHONE & ELECTRONICS CORP DATE OF NAME CHANGE: 19720512 8-K 1 sharerepurchase.htm COMPLETION OF $1 BILLION SHARE REPURCHASE PROGRAM sharerepurchase.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

June 27, 2007

CenturyTel, Inc.

(Exact name of registrant as specified in its charter)

Louisiana	1-7784	72-0651161
(State or other jurisdiction of	(Commission File Number)	(I.R.S. Employer
incorporation or organization)		Identification No.)

100 CenturyTel Drive, Monroe, Louisiana 71203

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (318) 388-9000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240. 14a-12)

[ ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01

Other Events

On June 27, 2007, we issued a press release announcing the completion of our $1 billion share repurchase program. The complete press release is included as Exhibit 99.1.

Item 9.01

Financial Statements and Exhibits

(d) Exhibit

99.1	Press release dated June 27, 2007 announcing completion of $1 billion share repurchase program.

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.

		CENTURYTEL, INC.


Dated: June 28, 2007		By: /s/ Neil A. Sweasy
		Neil A. Sweasy
		Vice President and Controller

EX-99.1 2 exhibit99.htm PRESS RELEASE DATED 06/27/07 exhibit99.htm

Exhibit 99.1

FOR IMMEDIATE RELEASE	FOR MORE INFORMATION CONTACT:
June 27, 2007	Tony Davis 318.388.9525
	tony.davis@centurytel.com

CenturyTel Announces Completion of $1 Billion Share Repurchase Program

MONROE, La… CenturyTel, Inc. (NYSE: CTL) has completed its $1 billion share repurchase program authorized by its board of directors in February 2006. Under the program, CenturyTel repurchased approximately 25.8 million shares of its common stock, or nearly 20 percent of shares outstanding at December 31, 2005, at an average price of $39.81 per share.

“CenturyTel’s strong balance sheet and solid cash flows provided the financial flexibility and liquidity to complete our $1 billion share repurchase program while also completing the $830 million acquisition of Madison River Communications Corp. earlier this year,” Glen F. Post, chairman and chief executive officer, said. “We are pleased to have been able to return nearly $1.8 billion to shareholders since early 2004 through the repurchase of approximately 45 million shares of our common stock and the payment of cash dividends.”

CenturyTel (NYSE: CTL) is a leading provider of communications, high speed Internet and entertainment services in small-to-mid-size cities through our broadband and fiber transport networks. Included in the S&P 500 Index, CenturyTel delivers advanced communications with a personal touch to customers in 25 states. Visit us at http://www.centurytel.com.

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