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

Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

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


	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Net income	$	101	$	103	$	299	$	195

Basic weighted average shares outstanding	89.5		93.6		91.2		93.5
Stock options and restricted stock units (“RSUs”)	0.4		0.5		0.5		0.4
Diluted weighted average shares outstanding	89.9		94.1		91.7		93.9

Earnings per share:
Basic	$	1.13	$	1.10	$	3.28	$	2.09
Diluted	1.13		1.09		3.26		2.08

Dividends:
Cash dividends declared per share	$	0.32	$	0.24	$	0.96	$	0.56
Aggregate dividends paid to stockholders	$	29	$	23	$	88	$	53

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 nine months ended September 30, 2022	4.3	312		72.17
As of September 30, 2022	13.3	$	831	$	62.29