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Common Share Repurchases
9 Months Ended
Sep. 30, 2011
Disclosure Text Block [Abstract] 
Common Share Repurchases

12. 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 prices and other conditions. This authorization does not have an expiration date.

 

Share repurchases made under this authorization were as follows:

 Nine Months Ended
 September 30,
 2011 2010
(Dollars and shares in thousands, except cost per share)     
      
Number of shares 1,276  970
Average cost per share$48.82 $41.79
Total cost$62,294 $40,520