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Tempur Sealy Announces Significant Increase In Third Quarter Cash Dividend
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Tempur Sealy Announces Second Quarter Cash Dividend
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LEXINGTON, Ky., April 29, 2021 /PRNewswire/ Tempur Sealy International, Inc. (NYSE: TPX, Company or Tempur Sealy ) today announced that its Board of Directors has declared a second quarter cash dividend on its common stock of $0.07 per share. The dividend is payable on May 27, 2021 to shareholders of record as of May 13, 2021.
About Tempur Sealy International, Inc.
Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a global leader in the design, manufacture and distribution of bedding products, we know how crucial a good night of sleep is to overall health and wellness. Utilizing over a century of knowledge and industry-leading innovation, we deliver award-winning products that provide breakthrough sleep solutions to consumers in over 100 countries.
Tempur Sealy Increases Share Repurchase Authorization
- Authorization Increased to $400 Million
- Invested $300 Million in Share Repurchase Program in the First Quarter of 2021
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LEXINGTON, Ky., April 29, 2021 /PRNewswire/ Tempur Sealy International, Inc. (NYSE: TPX, Company or Tempur Sealy ) today announced that its Board of Directors has increased the authorization under the Company s share repurchase program to a total of $400 million. In the first quarter of 2021, Tempur Sealy utilized approximately $300 million under its existing authorization to repurchase approximately 8.4 million shares. The Company expects to repurchase at least 6% of shares outstanding in 2021.
Stock repurchases under this program may be made through open market transactions, negotiated purchases or otherwise, at times and in such amounts as management deems appropriate. The timing and actual number of shares repurchased will depend on a v
Tempur Sealy Initiates Quarterly Cash Dividend And Increases Share Repurchase Authorization
- Declared Quarter Dividend of $0.07 Per Share
- Increased Existing Share Repurchase Authorization by Over $200 Million to $400 Million
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LEXINGTON, Ky., Feb. 11, 2021 /PRNewswire/ Tempur Sealy International, Inc. (NYSE: TPX, Company or Tempur Sealy ) today announced that its Board of Directors has initiated a cash dividend on its common stock. For the first quarter of 2021, the Board of Directors has declared a dividend of $0.07 per share. The dividend is payable on March 12, 2021 to shareholders of record as of February 25, 2021.
The Company also announced that its Board of Directors has increased the existing authorization under the Company s share repurchase program by over $200 million to a total of $400 million.
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