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Shareholders' Equity (Tables)
 9 Months Ended
Sep. 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 EndedNine Months Ended
 September 30,September 30,
 2024202320242023
Shares repurchased (in actual number of shares)36,192 1,282,817 2,232,007 5,262,452 
Aggregate purchase price (1)
$5.6 $200.0 $355.6 $712.4 
Average purchase price per share$156.03 $155.91 $159.34 $135.38 
(1) Excludes excise taxes imposed under the Inflation Reduction Act of $0.1 million and $3.2 million for the three and nine months ended September 30, 2024, respectively, and $2.0 million and $6.6 million for the three and nine months ended September 30, 2023, respectively.
As of September 30, 2024, $965.1 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 EndedNine Months Ended
 September 30,September 30,
2024202320242023
Shares issued (in actual number of shares)965 7,000 6,755 37,996 
Proceeds from the exercise of stock options $0.1 $0.4 $0.4 $1.9 
Average exercise price per share$62.93 $57.15 $57.16 $50.34 
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 EndedNine Months Ended
 September 30,September 30,
(In actual number of shares)2024202320242023
Shares issued3,649 987 343,489 531,994 
Shares surrendered to AutoNation to satisfy tax withholding obligations
1,401 278 116,547 182,527