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

Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2021

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,
	2021		2020		2021		2020
Net income/(loss)	$	103	$	27	$	195	$	(125)

Basic weighted average shares outstanding	93.6		93.3		93.5		93.4
Stock options and restricted stock units (“RSUs”) (a)	0.5		0.1		0.4		—
Diluted weighted average shares outstanding	94.1		93.4		93.9		93.4

Earnings/(loss) per share:
Basic	$	1.10	$	0.29	$	2.09	$	(1.34)
Diluted	1.09		0.29		2.08		(1.34)

Dividends:
Cash dividends declared per share	$	0.24	$	0.08	$	0.56	$	0.48
Aggregate dividends paid to shareholders	$	23	$	7	$	53	$	45

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 nine months ended September 30, 2021	0.4	27		73.13
As of September 30, 2021	8.0	$	436	$	54.35

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Note: Amounts may not add due to rounding.