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

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2023

The following table sets forth the computation of basic and diluted EPS (in millions, except per-share data) for the years ended December 31:


	2023		2022		2021
Net income	$	289	$	355	$	244

Basic weighted average shares outstanding	84.4		90.3		93.4
Stock options and restricted stock units (“RSUs”) (a)	0.5		0.5		0.5
Diluted weighted average shares outstanding	84.9		90.8		93.9

Earnings per share:
Basic	$	3.43	$	3.93	$	2.61
Diluted	3.41		3.91		2.60

Dividends:
Cash dividends declared per share	$	1.40	$	1.28	$	0.88
Aggregate dividends paid to stockholders	$	118	$	116	$	82

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, 2022	15.2	$	964	$	63.32
For the twelve months ended December 31, 2023	5.5	397		72.25
As of December 31, 2023	20.7	$	1,361	$	65.69