PARSIPPANY, N.J., Aug. 14, 2019 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE: WH ) announced today that its Board of Directors has increased the Company's share repurchase authorization by $300 million, giving the Company $386 million of available repurchase authorization from July 1 going forward. The Company's Board of Directors also declared a quarterly cash dividend. "Since becoming an independent public company in June 2018, we have repurchased more than $200 million of our common shares," said Geoffrey A. Ballotti, chief executive officer. "We remain committed to returning a significant portion of our cash flow to our shareholders through dividends and buybacks, while maintaining flexibility to execute on our strategic growth initiatives." The amount and timing of specific repurchases are subject to market conditions, applicable legal requirements and other factors. Repurchases may be conducted in the open market or in privately negotiated transactions.