Wyndham Hotels & Resorts, Inc. Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

The following table sets forth the computation of basic and diluted EPS (in millions, except per share data):


	Three Months Ended March 31,
	2022		2021
Net income	$	106	$	24

Basic weighted average shares outstanding	92.5		93.4
Stock options and restricted stock units (“RSUs”)	0.7		0.4
Diluted weighted average shares outstanding	93.2		93.8

Earnings per share:
Basic	$	1.15	$	0.26
Diluted	1.14		0.26

Dividends:
Cash dividends declared per share	$	0.32	$	0.16
Aggregate dividends paid to stockholders	$	30	$	15

The following table summarizes stock repurchase activity under the current stock repurchase program (in millions, except per share data):


	Shares	Cost		Average Price Per Share
As of December 31, 2021	9.0	$	519	$	57.55
For the three months ended March 31, 2022	0.5	38		83.72
As of March 31, 2022	9.5	$	557	$	58.81