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Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2024
Stockholders' Equity Note [Abstract]  
Shares Repurchased Under Stock Repurchase Program
A summary of shares repurchased under our stock repurchase program authorized by our Board of Directors follows:
Three Months EndedSix Months Ended
 June 30,June 30,
 2024202320242023
Shares repurchased2.0 1.6 2.2 4.0 
Aggregate purchase price (1)
$311.3 $207.4 $350.0 $512.4 
Average purchase price per share$159.52 $132.44 $159.39 $128.76 
(1) Excludes excise taxes imposed under the Inflation Reduction Act of $3.1 million and $3.2 million for the three and six months ended June 30, 2024, respectively, and $2.1 million and $4.6 million for the three and six months ended June 30, 2023, respectively.
As of June 30, 2024, $970.8 million remained available under our stock repurchase limit authorized by our Board of Directors.
Common Stock Issued With The Exercise Of Stock Options
A summary of shares of common stock issued in connection with the exercise of stock options follows:
Three Months EndedSix Months Ended
 June 30,June 30,
2024202320242023
Shares issued (in actual number of shares)4,825 3,861 5,790 30,996 
Proceeds from the exercise of stock options $0.3 $0.2 $0.3 $1.5 
Average exercise price per share$54.54 $57.44 $56.20 $48.80 
Shares Issued And Shares Surrendered To Satisfy Tax Withholdings In Connection With Restricted Stock Units
The following table presents a summary of shares of common stock issued in connection with the settlement of RSUs, as well as shares surrendered to AutoNation to satisfy tax withholding obligations in connection with the settlement of RSUs:
Three Months EndedSix Months Ended
 June 30,June 30,
(In actual number of shares)2024202320242023
Shares issued4,019 1,111 339,840 531,007 
Shares surrendered to AutoNation to satisfy tax withholding obligations
1,456 296 115,146 182,249