Telephone and Data Systems, Inc. Buyback
OLI recorded this information on 8/2/2013
Company:
Telephone and Data Systems, Inc.
Buyback:
TDS buyback
$Amount Authorized:
$250,000,000
Buyback Details:
Telephone and Data Systems, Inc. [NYSE:TDS] today announced that its board of directors has authorized a $250 million share repurchase program.
Telephone and Data Systems provides communications services to customers with wireless connections and wireline and cable connections. Co. conducts its wireless operations through its majority-owned subsidiary, United States Cellular Corporation (UScellular). Co. provides broadband, video and voice services through its wholly-owned subsidiaries TDS Telecommunications LLC and TDS Broadband LLC (collectively, TDS Telecom). Co. has two business segments: UScellular and TDS Telecom. Co.'s operations also include the operations of its wholly-owned hosted and managed services subsidiary, which operates under the OneNeck IT Solutions brand, and its wholly-owned subsidiary Suttle-Straus, Inc.
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Avg. Broker Rec.
 
|
Buy (3.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: TDS Stock Forecast Based on Zacks ABR data; powered by Xignite |
