The
Company's adoption of the stock repurchase program reflects the
Board's continued high level of confidence in Sealy's long-term
growth plans.
Jeffrey C. Ackerman, Executive Vice President, CFO, Sealy
"The Company's adoption of the stock repurchase program reflects
the Board's continued high level of confidence in Sealy's
long-term growth plans," said Jeffrey C. Ackerman, Sealy's
Executive Vice President and Chief Financial Officer.
As of November 27, 2006, the Company had 90,983,041 shares of
common
stock outstanding.
Sealy is the largest bedding manufacturer in the world with
sales of approximately $1.6 billion in 2006.
