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Common Share Repurchases
3 Months Ended
Mar. 31, 2015
Disclosure Text Block  
Common Share Repurchases

10. Common 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 conditions. This authorization does not have an expiration date.

 Share repurchases made under this authorization were as follows:
       
  Three Months Ended
  March 31,
  2015 2014
(Dollar amounts and shares in thousands, except per share data)     
Number of shares  66   59
Average cost per share$ 34.77 $ 39.13
Amount$ 2,302 $ 2,300