Tranche Update on Tempur Sealy International, Inc.'s Equity Buyback Plan announced on February 4, 2016.
July 29, 2021 at 06:49 am EDT
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From April 1, 2021 to June 30, 2021, the company has repurchased 1,595,922 shares, representing 0.81% for $61.66 million. With this, the company has completed the repurchase of 27,027,557 shares, representing 12.5% for $1,323.24 million under the buyback announced on February 4, 2016.
Tempur Sealy International, Inc. is a designer, manufacturer, distributor and retailer of bedding products. The Company operates through two segments: North America and International. North America segment consists of manufacturing, distribution and retail subsidiaries and licensees located in the United States, Canada and Mexico. Its International segment consists of manufacturing, distribution and retail subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America (other than Mexico). Its portfolio of product brands includes Tempur-Pedic, Stearns & Foster, Sealy, Cocoon by Sealy, and its non-branded offerings include private label and original equipment manufacturer (OEM) products, including mattresses, pillows and other bedding products and components. Its primary selling channels are wholesale and direct. Its products are sold through third-party retailers, and over its approximately 750 Company-owned stores and e-commerce platforms.
TEMPUR SEALY INTERNATIONAL, INC. 
