Telephone and Data Systems (TDS) Stock Buyback History
TTM buyback yield 3.24% · Shareholder yield (TTM) 3.24%.
TTM buyback yield
3.24%
Shareholder yield (TTM)
3.24%
5Y share count change
0.2%
TTM buyback spend
$156.49M
SBC coverage (TTM)
9.78x
YoY change in spend
+139.8%
5Y CAGR of spend
+28.5%
Peak year (2000)
$513.92M
Cumulative spend
$2.25B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Telephone and Data Systems (TDS) repurchased about $156.49M of stock over the trailing twelve months.
- Diluted share count is roughly flat (0.2%) over the last ~5 fiscal years — buybacks are offsetting dilution but not shrinking the float.
- TTM buyback ÷ stock-based-comp ratio of 9.78× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +28.5% per year over the latest 5-year window.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $129.49M | $0.00 | $129.49M | 0.12B | 1.0% | 2.75% |
| 2024 | $54.00M | $71.00M | −$17.00M | 0.11B | 0.9% | 1.39% |
| 2023 | $6.00M | $41.00M | −$35.00M | 0.11B | -0.9% | 0.29% |
| 2022 | $83.00M | $42.00M | $41.00M | 0.11B | -1.7% | 7.00% |
| 2021 | $60.00M | $49.00M | $11.00M | 0.12B | 0.9% | 2.59% |
| 2020 | $37.00M | $53.00M | −$16.00M | 0.12B | -0.9% | 1.75% |
| 2019 | $21.00M | $59.00M | −$38.00M | 0.12B | 1.8% | 0.72% |
| 2018 | $0.00 | $54.00M | −$54.00M | 0.11B | 1.8% | — |
| 2017 | $1.00M | $46.00M | −$45.00M | 0.11B | 0.9% | 0.03% |
| 2016 | $8.00M | $42.00M | −$34.00M | 0.11B | 1.0% | 0.25% |
| 2015 | $6.19M | $40.40M | −$34.21M | 0.11B | 1.3% | 0.22% |
| 2014 | $58.04M | $35.79M | $22.25M | 0.11B | -0.6% | 2.21% |
| 2013 | $28.24M | $30.34M | −$2.10M | 0.11B | 0.2% | 1.01% |
| 2012 | $43.40M | $41.87M | $1.52M | 0.11B | -8.1% | 1.81% |
| 2011 | $83.79M | $36.84M | $46.96M | 0.12B | 3.4% | 3.24% |
| 2010 | $120.88M | $35.13M | $85.75M | 0.11B | -3.7% | 3.18% |
| 2009 | $212.12M | $32.49M | $179.63M | 0.12B | -5.7% | 5.90% |
| 2008 | $228.33M | $22.69M | $205.63M | 0.13B | -2.4% | 6.41% |
| 2007 | $214.57M | $0.00 | $214.57M | 0.13B | 2.0% | 2.92% |
| 2006 | $0.00 | $0.00 | $0.00 | 0.13B | 0.7% | — |
| 2005 | $0.00 | $0.00 | $0.00 | 0.13B | 0.8% | — |
| 2004 | $24.35M | $0.00 | $24.35M | 0.13B | -0.3% | 0.54% |
| 2003 | $86.78M | $0.00 | $86.78M | 0.13B | -1.6% | 2.37% |
| 2002 | $0.00 | $0.00 | $0.00 | 0.13B | -0.0% | — |
| 2001 | $80.30M | $0.00 | $80.30M | 0.13B | -3.3% | 1.49% |
| 2000 | $513.92M | $0.00 | $513.92M | 0.13B | 24.5% | — |
| 1999 | $69.00M | $0.00 | $69.00M | 0.11B | -35.7% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 0.16B | 25.1% | — |
| 1997 | $69.90M | $0.00 | $69.90M | 0.13B | -0.6% | — |
| 1996 | $600.00K | $0.00 | $600.00K | 0.13B | — | — |
| 1995 | $600.00K | $0.00 | $600.00K | — | — | — |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1993 | $200.00K | $0.00 | $200.00K | — | — | — |
| 1992 | $400.00K | $0.00 | $400.00K | — | — | — |
| 1991 | $1.90M | $0.00 | $1.90M | — | — | — |
| 1990 | $3.10M | $0.00 | $3.10M | — | — | — |
| 1989 | $1.00M | $0.00 | $1.00M | — | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Telephone and Data Systems (TDS) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Telephone and Data Systems (TDS)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Telephone and Data Systems (TDS)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $129.49M | +139.8% | +$75.49M | ||
| 2024 | $54.00M | +800.0% | +$48.00M | ||
| 2023 | $6.00M | -92.8% | -$77.00M | ||
| 2022 | $83.00M | +38.3% | +$23.00M | ||
| 2021 | $60.00M | +62.2% | +$23.00M | ||
| 2020 | $37.00M | +76.2% | +$16.00M | ||
| 2019 | $21.00M | — | +$21.00M | ||
| 2018 | $0 | -100.0% | -$1.00M | ||
| 2017 | $1.00M | -87.5% | -$7.00M | ||
| 2016 | $8.00M | +29.3% | +$1.81M | ||
| 2015 | $6.19M | -89.3% | -$51.85M | ||
| 2014 | $58.04M | +105.5% | +$29.80M | ||
| 2013 | $28.24M | -34.9% | -$15.16M | ||
| 2012 | $43.40M | -48.2% | -$40.40M | ||
| 2011 | $83.79M | -30.7% | -$37.09M | ||
| 2010 | $120.88M | -43.0% | -$91.24M | ||
| 2009 | $212.12M | -7.1% | -$16.20M | ||
| 2008 | $228.33M | +6.4% | +$13.76M | ||
| 2007 | $214.57M | — | +$214.57M | ||
| 2006 | $0 | — | $0 | ||
| 2005 | $0 | -100.0% | -$24.35M | ||
| 2004 | $24.35M | -71.9% | -$62.43M | ||
| 2003 | $86.78M | — | +$86.78M | ||
| 2002 | $0 | -100.0% | -$80.30M | ||
| 2001 | $80.30M | -84.4% | -$433.61M | ||
| 2000 | $513.92M | +644.8% | +$444.92M | ||
| 1999 | $69.00M | — | +$69.00M | ||
| 1998 | $0 | -100.0% | -$69.90M | ||
| 1997 | $69.90M | +11550.0% | +$69.30M | ||
| 1996 | $600,000 | 0.0% | $0 | ||
| 1995 | $600,000 | — | +$600,000 | ||
| 1994 | $0 | -100.0% | -$200,000 | ||
| 1993 | $200,000 | -50.0% | -$200,000 | ||
| 1992 | $400,000 | -78.9% | -$1.50M | ||
| 1991 | $1.90M | -38.7% | -$1.20M | ||
| 1990 | $3.10M | +210.0% | +$2.10M | ||
| 1989 | $1.00M | — | — |
2025's annual buyback spend for Telephone and Data Systems (TDS) came in at $129.49M – surged 139.8% year-over-year.
Telephone and Data Systems buyback spend compound annual growth for the 2020–2025 (5 years) window is +28.5%, sustaining 2 straight years of year-over-year growth.
Telephone and Data Systems buyback spend peaked at $513.92M in 2000; the latest annual figure is $129.49M in 2025 (74.8% below peak).
2000 marks the peak buyback spend at $513.92M, with the historical low of $0 recorded in 1994.
Within Communication Services, Telephone and Data Systems (TDS) ranks 8th among 8 peers we track. The peer median for buyback spend is $6.81B.
Telephone and Data Systems Buyback Spend 2025: $129.49M
Telephone and Data Systems buyback spend in 2025 was $129.49M, surged 139.8% from 2024.
Telephone and Data Systems Buyback Spend 2024: $54.00M
Telephone and Data Systems buyback spend in 2024 was $54.00M, surged 800.0% from 2023.
Telephone and Data Systems Buyback Spend 2023: $6.00M
Telephone and Data Systems buyback spend in 2023 was $6.00M, plunged 92.8% below 2022.
Telephone and Data Systems Buyback Spend 2022: $83.00M
Telephone and Data Systems buyback spend in 2022 was $83.00M, surged 38.3% from 2021.
Telephone and Data Systems Buyback Spend 2021: $60.00M
Telephone and Data Systems buyback spend in 2021 was $60.00M.
See more financial history for Telephone and Data Systems (TDS).
Sector peers by buyback spend
Companies in the same sector as Telephone and Data Systems, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Alphabet (GOOGL) | $45.71B | Communication Services |
| Meta (META) | $26.25B | Communication Services |
| T-Mobile US (TMUS) | $9.97B | Communication Services |
| Netflix (NFLX) | $9.13B | Communication Services |
| AT&T (T) | $4.50B | Communication Services |
| Walt Disney (DIS) | $3.50B | Communication Services |
| Spotify (SPOT) | $439.00M | Communication Services |
| Verizon (VZ) | $0 | Communication Services |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 9.78×.
Capital allocation mix
How Telephone and Data Systems splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $0.00 (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Telephone and Data Systems's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Telephone and Data Systems buy back its own stock?
Yes, Telephone and Data Systems (TDS) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Telephone and Data Systems spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $156.49M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Telephone and Data Systems's buyback yield?
TTM buyback yield is about 3.24% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Telephone and Data Systems's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 3.24% combined (TTM-based where available).
Is Telephone and Data Systems diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Telephone and Data Systems's share count changed?
Diluted weighted average shares changed by about 0.2% over roughly five fiscal years (annual income statement data).
What is Telephone and Data Systems's buyback spend?
Latest reported buyback spend for Telephone and Data Systems (TDS) is $156.49M (period ending March 31, 2026).
How has Telephone and Data Systems buyback spend changed year-over-year?
Telephone and Data Systems (TDS) buyback spend changed +139.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Telephone and Data Systems buyback spend?
Telephone and Data Systems (TDS) buyback spend compound annual growth rate is +28.5% over the most recent 5 years available.
When did Telephone and Data Systems buyback spend hit its highest annual value?
Telephone and Data Systems buyback spend reached its highest annual value of $513.92M in 2000.
What was Telephone and Data Systems buyback spend in 2024?
Telephone and Data Systems (TDS) buyback spend in 2024 was $54.00M.
What was Telephone and Data Systems buyback spend in 2025?
Telephone and Data Systems (TDS) buyback spend in 2025 was $129.49M.
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