reports
Matthews International Corporation Announces Clearance of Remaining Fo...
Matthews International Corporation Announces Clearance of Remaining Foreign Anti-Trust Regulatory Requirements PITTSBURGH, April 15, 2025 (GLOBE NEWSWIRE) -- ("Matthews" and/or the "Company") previously reported, in February 2025, the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the proposed sale of its interest in SGK Brand Solutions (“SGK”) to a newly formed entity created by affiliates of SGS & Co (“SGS”), which will combine SGK and SGS. Today, the Company has announced the clearance of all remaining foreign anti-tr...
Matthews International Announces Second Quarter Fiscal 2025 Earnings R...
Matthews International Announces Second Quarter Fiscal 2025 Earnings Release and Conference Call PITTSBURGH, April 11, 2025 (GLOBE NEWSWIRE) -- (Nasdaq GSM: MATW) today announced plans to release its second quarter fiscal year 2025 earnings results after the market closes on Wednesday, April 30, 2025. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its outlook. Participating in the call will be Joseph C. Bartolacci, President and CEO and Steven F. Nicola, Chief Financial Officer. A question-and-answ...
Matthews International Corporation Announces Expiration of HSR Waiting...
Matthews International Corporation Announces Expiration of HSR Waiting Period PITTSBURGH, Feb. 25, 2025 (GLOBE NEWSWIRE) -- ("Matthews" and/or the "Company") announced today the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with its proposed sale of its interest in SGK Brand Solutions (“SGK”) to a newly formed entity created by affiliates of SGS & Co (“SGS”), which will combine SGK and SGS. The parties anticipate a closing next quarter, subject to the receipt of remaining outstanding regulatory approvals and the satisfaction...
Matthews International Shareholders Elect All Three of Matthews’ Direc...
Matthews International Shareholders Elect All Three of Matthews’ Director Nominees at 2025 Annual Meeting PITTSBURGH, Feb. 20, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”), celebrating its 175th year of continuous operation, today announced that, based on preliminary vote results provided by its proxy solicitor following the Company's 2025 Annual Meeting of Shareholders, Matthews’ shareholders have voted to elect all three of the Company’s director nominees – Terry L. Dunlap, Alvaro Garcia-Tunon and J. Michael Nauman – to the Company's Board of Directors. “We...
Matthews International Has the Right Strategy, the Right Board and the...
Matthews International Has the Right Strategy, the Right Board and the Right Management Team to Continue to Drive Long-Term, Sustainable Shareholder Value Failure to Elect All Three of Matthews’ Director Nominees Will Lead to Short-Term Oversight by Individuals Who Have No Knowledge of Matthews’ Businesses Urges Shareholders to Vote “FOR” All Three of Matthews’ Director Nominees on the WHITE Proxy Card and “WITHHOLD” on Barington’s Director Nominees PITTSBURGH, Feb. 18, 2025 (GLOBE NEWSWIRE) -- (Nasdaq GSM: MATW) (“Matthews” or the “Company”) today outlined the key reasons to vote on t...
Matthews International Appoints Thomas Gebhardt to Board of Directors
Matthews International Appoints Thomas Gebhardt to Board of Directors Mr. Gebhardt Brings Significant Experience in Batteries and EV Technology Solutions Gregory Babe to Resign from Board, Effective Immediately PITTSBURGH, Feb. 17, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that Thomas Gebhardt has been appointed to the Company’s Board of Directors, effective immediately. As previously announced on January 24, 2025, Gregory S. Babe informed Matthews that he would not stand for re-election to the Company’s Board at the 2026 Ann...
U.S. District Court Judge Once Again Denies Tesla’s Request to Block M...
U.S. District Court Judge Once Again Denies Tesla’s Request to Block Matthews International from Selling Its Innovative Dry Battery Electrode Solutions to Others PITTSBURGH, Feb. 17, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that a U.S. District Court Judge has issued an order denying Tesla’s renewed request to block Matthews’ right to sell its innovative DBE solutions to existing and potential global customers. The Company issued the following statement: On February 6, 2025, Matthews announced the favorable ruling in arbitration against T...
Matthews International Announces Significant Governance Enhancements
Matthews International Announces Significant Governance Enhancements Announces Transition of Board Chair and Future Appointment of Independent Director with Significant Battery and EV Technology Experience; New Director to be Appointed in the Near-Term Commits to Declassification of the Board and Other Governance Changes PITTSBURGH, Feb. 14, 2025 (GLOBE NEWSWIRE) -- (“Matthews” or the “Company”) today announced a Board refreshment plan and corporate governance enhancements in furtherance of its commitment to enhance long-term shareholder value. Board Chair Transition The Matthews Bo...
Matthews International to Sell Remaining Operating Businesses Within S...
Matthews International to Sell Remaining Operating Businesses Within SGK Brand Solutions for $50 Million When Combined with Previously Announced Transaction, Total Upfront Consideration for Divestiture of the SGK Segment to be $400 Million, Implying Total Value in Excess of $600 million Proceeds to be Used for Continued Debt Repayment PITTSBURGH, Feb. 14, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that it has entered into a letter of intent (“LOI”) for the sale of the remaining operating businesses within the SGK Brand Solutions (“SGK”) re...
Matthews International Highlights Support from Investment Community Fo...
Matthews International Highlights Support from Investment Community Following Fiscal 2025 First Quarter Earnings Announcement GAMCO Asset Management, Top 5 and Long-Term Shareholder, Endorses Matthews’ Director Nominees Urges Shareholders to Vote “FOR” All Three of Matthews’ Director Nominees on the WHITE Proxy Card and “WITHHOLD” on Barington’s Director Nominees PITTSBURGH, Feb. 12, 2025 (GLOBE NEWSWIRE) -- (Nasdaq GSM: MATW) (“Matthews” or the “Company”) today commented on the significant support it has received from its sell-side analysts following its recent fiscal 2025 first quart...
Matthews International Issues Statement Following ISS Report
Matthews International Issues Statement Following ISS Report PITTSBURGH, Feb. 07, 2025 (GLOBE NEWSWIRE) -- (Nasdaq GSM: MATW) (“Matthews” or the “Company”) issued the following statement regarding a February 6, 2025 report by Institutional Shareholder Services ("ISS"): We strongly disagree with ISS’ recommendation, which adopts Barington’s positions while giving no substantive analysis to Barington’s own plans and nominees. In doing so, ISS does not give appropriate consideration to the concerning absence of relevant skills and new ideas among Barington’s nominees and the actions Matthe...
Matthews International Reports Results for Fiscal 2025 First Quarter
Matthews International Reports Results for Fiscal 2025 First Quarter Fiscal 2025 First Quarter Financial Highlights: Company maintains outlook for fiscal 2025 (subject to the completion of the SGK Brand Solutions (SGK) transaction)Positive arbitration ruling affirms Company's right to sell its DBE solutionsCost reduction program on trackRegulatory filings for SGK transaction initiated; continue to expect transaction to be completed by mid-2025 with proceeds applied substantially to debt reductionWebcast: Friday, February 7, 2025, 9:00 a.m., (201) 689-8471 PITTSBURGH, Feb. 06,...
Matthews International Announces Positive Ruling in Arbitration with T...
Matthews International Announces Positive Ruling in Arbitration with Tesla Arbitrator affirms Matthews’ right to continue selling its proprietary Dry Battery Electrode technology to other customers PITTSBURGH, Feb. 06, 2025 (GLOBE NEWSWIRE) -- (Nasdaq GSM: MATW) (“Matthews” or “the Company”) today provided an update on the ongoing business dispute involving Tesla. On February 5, 2025, an arbitrator issued a decision on an arbitration demand filed by Matthews against Tesla in January 2024. This ruling acknowledged Matthews’ extensive, pre-Tesla background in manufacturi...
Matthews Highlights Significant Shareholder Support and Underscores Bo...
Matthews Highlights Significant Shareholder Support and Underscores Board’s Commitment to Long-Term Value Creation GAMCO Asset Management Endorses Matthews’ Director Nominees Urges Shareholders to Vote “FOR” All Three of Matthews’ Director Nominees on the WHITE Proxy Card and “WITHHOLD” on Barington’s Director Nominees PITTSBURGH, Feb. 03, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today issued a letter to its shareholders highlighting significant shareholder support and reiterating the Board’s commitment to long-term shareholder value. The full text of t...
Matthews International Declares Quarterly Dividend
Matthews International Declares Quarterly Dividend PITTSBURGH, Jan. 29, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company’s common stock. The dividend is payable February 24, 2025 to stockholders of record February 10, 2025. About Matthews International Corporation Matthews International Corporation is a global provider of industrial technologies, memorialization products and brand solutions. The Industrial Technologies segment includes the design, manufactu...
Matthews Files Investor Presentation Highlighting Commitment to Shareh...
Matthews Files Investor Presentation Highlighting Commitment to Shareholder Value Creation Urges Shareholders to Vote “FOR” All Three of Matthews’ Director Nominees on the WHITE Proxy Card and “WITHHOLD” on Barington’s Director Nominees PITTSBURGH, Jan. 27, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that it has filed an investor presentation with the Securities and Exchange Commission (“SEC”) in connection with its upcoming Annual Meeting of Shareholders scheduled to be held on February 20, 2025. The presentation is viewable at: . Key high...
Matthews Sends Letter to Shareholders Outlining Reasons to Vote on the...
Matthews Sends Letter to Shareholders Outlining Reasons to Vote on the WHITE Proxy Card For All Three Matthews Director Nominees SGK Sale Illustrates Your Board’s Prudent Stewardship and Why James Mitarotonda and Barington’s Other Nominees Won’t Safeguard Your Investment PITTSBURGH, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today sent a letter to its shareholders emphasizing the Company’s commitment to long-term value creation. Key highlights from the letter include: Your Board has taken decisive actio...
Matthews International Announces First Quarter Fiscal 2025 Earnings Re...
Matthews International Announces First Quarter Fiscal 2025 Earnings Release and Conference Call PITTSBURGH, Jan. 10, 2025 (GLOBE NEWSWIRE) -- (Nasdaq GSM: MATW) today announced plans to release its first quarter fiscal year 2025 earnings results after the market closes on Thursday, February 6, 2025. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its outlook. Participating in the call will be Joseph C. Bartolacci, President and CEO and Steven F. Nicola, Chief Financial Officer. A question-and-answer session wil...
Matthews International Files Definitive Proxy Statement and Sends Lett...
Matthews International Files Definitive Proxy Statement and Sends Letter to Shareholders Urges shareholders to vote “FOR” Matthews’ three director nominees on the WHITE proxy card PITTSBURGH, Jan. 10, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that it has filed definitive proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its upcoming Annual Meeting of Shareholders scheduled to be held on February 20, 2025. In conjunction with the definitive proxy filing, Matthews is mailing a letter to the Company’s sha...
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