Common Share Repurchases

3 Months Ended

Mar. 31, 2012

Disclosure Text Block

Common Shareholders' Equity

11. 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:

	Three Months Ended
	March 31,
	2012		2011
(Dollars and shares in thousands, except cost per share)
Number of shares		—		357
Average cost per share	$	—	$	48.61
Total cost	$	—	$	17,357