---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-26-000070"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2026-09-02T12:06:54+00:00"
generated_at: "2026-09-02T12:10:15.116477+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TDS withdraws Array acquisition proposal; to resume share repurchases

## Summary
- TDS withdraws proposal to acquire Array (AD) shares it doesn't own; had offered 0.86 TDS share per Array share.
- TDS retains ~82% ownership in Array; will continue to support Array's spectrum monetization efforts.
- TDS expects to recommence share repurchases; $523.9M remained under programs as of June 30, 2026.
- Additional $500M repurchase authorization announced Nov 2025; timing and amount at TDS discretion.

## SEC filing metadata
- accession: 0001051512-26-000070
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2026-09-02T12:06:54+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051512/000105151226000070/0001051512-26-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151226000070/tds-20260901.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-26-000070
- JSON: https://secwatch.observer/filing/0001051512-26-000070.json
- Plain text: https://secwatch.observer/filing/0001051512-26-000070.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.