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Common Stock (Notes)
3 Months Ended
Mar. 31, 2024
Common Stock [Abstract]  
Common Stock Common Stock
The following represents the Company's purchase of Charter Class A common stock and the effect on the consolidated statements of cash flows during the three months ended March 31, 2024 and 2023.

Three Months Ended March 31,
20242023
Shares$Shares$
Share buybacks 1,409,597 $472 2,304,419 $863 
Income tax withholding121,907 44 127,815 49 
Exercise cost26,050 40,681 
1,557,554 $516 2,472,915 $912 

Share buybacks above include shares of Charter Class A common stock purchased from Liberty Broadband Corporation (“Liberty Broadband”) as follows.

Three Months Ended March 31,
20242023
Number of shares purchased213,216 120,149 
Amount of shares purchased$81 $42 

As of March 31, 2024, Charter had remaining board authority to purchase an additional $263 million of Charter’s Class A common stock and/or Charter Holdings common units, excluding purchases from Liberty Broadband. The Company also withholds shares of its Class A common stock in payment of income tax withholding owed by employees upon vesting of equity awards as well as exercise costs owed by employees upon exercise of stock options.
In 2023, Charter’s board of directors approved the retirement of the then currently held treasury stock and those shares were retired as of December 31, 2023. The Company accounts for treasury stock using the cost method and includes treasury stock as a component of total shareholders’ equity.