1 unchanged sentence
Market for Registrant’s Common Equity
−Removed: Our sole class of common equity is our $0.01 par value common stock, which trades on the New York Stock Exchange ("NYSE") under the symbol "TPX." Trading of our common stock commenced on the NYSE on December 18, 2003.
+Added: Our sole class of common equity is our $0.01 par value common stock, which commenced trading on the New York Stock Exchange ("NYSE") under the symbol "TPX" on December 18, 2003.
Prior to that time, there was no public trading market for our common stock.
+Added: On February 18, 2025, our common stock began trading on the NYSE under the symbol "SGI" in connection with our name change to Somnigroup International Inc.
As of February 25, 2025, we had approximately 152 stockholders of record of our common stock.
In February 2025, our Board of Directors declared a cash dividend of $0.15 per share on our common stock.
−Removed: The dividend is payable on March 7, 2024 to shareholders of record on the close of business February 22, 2024.
−Removed: However, payment of future dividends, and the timing and amount thereof, will be at the discretion of our Board of Directors and will depend on our earnings, operating and financial condition, capital requirements, legal requirements and other factors that our Board of Directors deems relevant.
+Added: The dividend is payable on March 20, 2025 to shareholders of record on the close of business March 6, 2025.
+Added: However, payment of future dividends, and the timing and amount thereof, will be at the discretion of our Board of Directors and will depend on our
+Added: earnings, operating and financial condition, capital requirements, legal requirements and other factors that our Board of Directors deems relevant.
Further, we are subject to certain customary restrictions on dividends under our 2023 Credit Agreement and Indentures.
2 unchanged sentences
Our Board of Directors authorized a share repurchase program in 2016 pursuant to which we were authorized to repurchase shares of our common stock, and the Board of Directors has authorized increases to this authorization from time to time.
−Removed: During the year ended December 31, 2023, we had repurchased 0.1 million shares, under the share repurchase program, for approximately $5.0 million and had approximately $774.5 million remaining under the program.
+Added: During the year ended December 31, 2024, we did not repurchase shares under the program while the Mattress Firm acquisition was pending.
+Added: We had approximately $774.5 million remaining under the share repurchase program as of December 31, 2024.
Share 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.
16 unchanged sentences
Each year we assess our peer group and evaluate if they meet our market capitalization criteria.
−Removed: In 2023, Capri Holdings Limited, Levi Strauss & Corporation, PVH Corporation, and Skechers U.S.A., Incorporated were added to the peer group, while Herman Miller, Incorporated, La-Z-Boy Incorporated, and Steelcase Incorporated were removed since they no longer meet our market capitalization criteria.
+Added: In 2024, Mohawk Industries Inc.
+Added: was added to the peer group, while Sleep Number Corporation was removed since they no longer meet our revenue and business comparability criteria.
2024 Peer Group
Brunswick Corporation (BC) Hasbro, Inc.
+Added: (HAS) RH (RH)
+Added: Capri Holdings Limited (CPRI) Leggett & Platt, Incorporated (LEG) Skechers U.S.A., Inc.
+Added: Carter's, Inc.
+Added: (CRI) Levi Strauss & Co.
+Added: (LEVI) Tapestry, Inc.
+Added: Columbia Sportswear Company (COLM) Mohawk Industries Inc.
+Added: (MHK) Under Armour, Inc.
+Added: Deckers Outdoor Corporation (DECK) Polaris Industries Inc.
+Added: (PII) Williams-Sonoma, Inc.
+Added: Gildan Activewear Inc.
+Added: (GIL) PVH Corp.
+Added: Hanesbrands Inc.
+Added: (HBI) Ralph Lauren Corporation (RL)
+Added: 2023 Peer Group
+Added: Brunswick Corporation (BC) Hasbro, Inc.
(HAS) Skechers U.S.A., Inc.
11 unchanged sentences
(HBI) RH (RH)
−Removed: 2022 Peer Group
−Removed: Brunswick Corporation (BC) Hasbro, Inc.
−Removed: (HAS) RH (RH)
−Removed: Carter's, Inc.
−Removed: (CRI) Herman Miller, Inc.
−Removed: (MLHR) Sleep Number Corporation (SNBR)
−Removed: Columbia Sportswear Company (COLM) La-Z-Boy Incorporated (LZB) Steelcase Inc.
−Removed: Deckers Outdoor Corporation (DECK) Leggett & Platt, Incorporated (LEG) Tapestry, Inc.
−Removed: Gildan Activewear Inc.
−Removed: (GIL) Polaris Industries Inc.
−Removed: (PII) Under Armour, Inc.
−Removed: Hanesbrands Inc.
−Removed: (HBI) Ralph Lauren Corporation (RL)
−Removed: Williams-Sonoma, Inc.
12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
−Removed: Tempur Sealy International, Inc.
+Added: Somnigroup International Inc.
$ 100.00 $ 124.05 $ 217.83 $ 161.29 $ 242.05 $ 271.90
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.