TDS 8-K Report: Key Insights on Stock Structure & Preferred Shares

Based on the provided section of the financial report, here are the key insights and information extracted:

1. Entity Information:

• Company Name: Telephone and Data Systems, Inc. (TDS)
• CIK Number: 0001051512
• SEC File Number: 001-14157
• Tax ID: 36-2669023
• Address: 30 North LaSalle Street, Suite 4000, Chicago, IL 60602
• Phone Number: (312) 630-1900

2. Filing Type:

• Form: 8-K (which is used to report unscheduled material events or corporate changes)

3. Filing Date:

• Date of Report: February 21, 2025

4. Stock Information:

• Common Shares:
• • Par Value: $0.01
  • Trading Symbol: TDS
  • Exchange: NYSE
• Preferred Shares:
• • Series UU Cumulative Redeemable Perpetual Preferred Stock:
  • Par Value: $0.01
  • Trading Symbol: TDSPrU
  • Dividend Rate: 6.625%
  • Each depositary share represents a 1/1000th interest in a share.
  • Series VV Cumulative Redeemable Perpetual Preferred Stock:
  • Par Value: $0.01
  • Trading Symbol: TDSPrV
  • Dividend Rate: 6.000%
  • Each depositary share represents a 1/1000th interest in a share.

5. Stock Classifications:

• The report includes information on different classes of stock, specifically:
• • Common Class B shares
  • Preferred Stock classifications (Series UU and Series VV)

6. Segments Reporting:

• The report includes specific segments associated with classes of stock, indicating that the company is providing detailed reporting on its equity structure.

This information is crucial for investors and analysts to understand the company's equity structure, its preferred stock offerings, and the potential implications for dividends and shareholder rights. The presence of preferred shares with fixed dividends indicates a commitment to return capital to preferred shareholders, which can be an important factor for investment decisions.