TDS updates 2026 guidance and approves 250 million dollar share repurchase plan
Telephone and Data Systems (TDS) has revised its 2026 financial outlook for TDS Telecom. The board of directors also authorized a new share repurchase program valued at 250 million dollars.
Telephone and Data Systems (TDS) released its third-quarter 2026 financial results, accompanied by an update to the 2026 guidance for its subsidiary, TDS Telecom. Alongside the financial reporting, the company’s board of directors approved an incremental share repurchase authorization of 250 million dollars.
The revised outlook reflects the operational challenges and strategic adjustments currently facing the telecommunications provider. By initiating this share buyback, the company aims to adjust its capital structure amid ongoing competitive pressures in the broadband and mobile markets.
The company hosted an investor call on November 6, 2026, to discuss the quarterly performance and the reasoning behind the revised fiscal targets. These actions underscore TDS's current approach to managing shareholder returns and operational investment throughout the remainder of the fiscal year.