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Common Share Repurchases
 6 Months Ended
Jun. 30, 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:

 

 

Six Months Ended

 

 

June 30,

 

 

2015

 

2014

(Dollar amounts and shares in thousands, except per share data)

 

 

 

 

 

Number of shares

 

66 

 

 

212 

Average cost per share

$

34.77 

 

$

40.49 

Amount

$

2,302 

 

$

8,598