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Time Warner Cable Shareholders' Equity
6 Months Ended
Jun. 30, 2011
Time Warner Cable Shareholders Equity Disclosure [Abstract]  
TWC Shareholders' Equity Disclosure

8.       TWC SHAREHOLDERS' EQUITY

 

Common Stock Repurchase Program

 

On October 29, 2010, TWC's Board of Directors authorized a $4.0 billion common stock repurchase program (the “Stock Repurchase Program”). Purchases under the Stock Repurchase Program may be made from time to time on the open market and in privately negotiated transactions. The size and timing of the Company's purchases under the Stock Repurchase Program are based on a number of factors, including price and business and market conditions. From January 1, 2011 through June 30, 2011, the Company repurchased 23.5 million shares of TWC common stock for $1.693 billion, including 0.6 million shares repurchased for $45 million that settled in July 2011. As of June 30, 2011, the Company had $1.793 billion remaining under the Stock Repurchase Program.