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United States Cellular Corporation Message Board

  • ejschultheis ejschultheis Feb 27, 2013 3:24 PM Flag

    LOOKS LIKE THE COMANY REPURCHASED ANOTHER 300K IN January

    form 10 k note 14 shows they repurchased 517k shares for 20mm in the 4th quarter.

    The first page of the 10-k displays 50882000 shares as of 01/31/2013. This is about 300k fewer shares than you would expect considering the repurchase in 2012. Threrfor they repurchased anorther 300k shares in January. they have authorisation to repurchase up to 1.3mm each year. The sharess purchased in 2012 were near the bottom with an average price of 35.11. The fact that the stock isn't falling since the announcement of the year end results leads me to believe that they are still in the market.

    Do your own research.

 
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