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Common Share Repurchases
 6 Months Ended
Jun. 30, 2014
Disclosure Text Block  
Common Share Repurchases

9. 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:
       
  Six Months Ended
  June 30,
  2014 2013
(Dollar amounts and shares in thousands)     
Number of shares  212   496
Average cost per share$ 40.49 $ 37.16
Amount$ 8,598 $ 18,425