Shareholders' Equity

3 Months Ended

Mar. 31, 2020

Stockholders' Equity Note [Abstract]

Shareholders' Equity

SHAREHOLDERS’ EQUITY

A summary of shares repurchased under our stock repurchase program authorized by our Board of Directors follows:

	Three Months Ended
	March 31,
	2020		2019
Shares repurchased	2.5		1.0
Aggregate purchase price	$	80.0	$	33.5
Average purchase price per share	$	31.95	$	34.34

As of March 31, 2020, $139.0 million remained available for share repurchases under the program.

A summary of shares of common stock issued in connection with the exercise of stock options follows:

	Three Months Ended
	March 31,
	2020		2019
Shares issued (in actual number of shares)	55,000		11,227
Proceeds from the exercise of stock options	$	1.0	$	0.3
Average exercise price per share	$	18.12	$	25.93

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 vesting of restricted stock and settlement of RSUs:

	Three Months Ended
	March 31,
	2020	2019
Shares issued	0.5	0.2
Shares surrendered to AutoNation to satisfy tax withholding obligations	0.2	0.1