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

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

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


	Three Months Ended March 31,
	2021		2020
Net income	$	24	$	22

Basic weighted average shares outstanding	93.4		93.7
Stock options and restricted stock units (“RSUs”)	0.4		0.2
Diluted weighted average shares outstanding	93.8		93.9

Earnings per share:
Basic	$	0.26	$	0.23
Diluted	0.26		0.23

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

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, 2020	7.7	$	408	$	53.43
For the three months ended March 31, 2021	—	—		—
As of March 31, 2021	7.7	$	408	$	53.43