An announcement from Matthews International ( (MATW) ) is now available.
On January 24, 2025, Gregory S. Babe announced he would not seek re-election to Matthews International Corporation’s Board of Directors during the 2026 Annual Meeting of Shareholders, with no disagreements cited with the company’s operations or policies. Matthews filed an investor presentation with the SEC highlighting its strategic positioning for long-term success and urging shareholders to support its director nominees. The company emphasizes its strategic investments in new markets and the Industrial Technologies segment, along with a significant cost reduction program and a transaction involving SGK Brand Solutions. The board’s commitment to shareholder value creation and strategic alignment is underscored by its diverse and experienced members.
More about Matthews International
Matthews International Corporation is a global provider of memorialization products, industrial technologies, and brand solutions. The Memorialization segment offers products such as memorials, caskets, and cremation equipment primarily to cemetery and funeral home customers. The Industrial Technologies segment designs and manufactures energy storage solutions, product identification, and warehouse automation technologies, while the SGK Brand Solutions segment provides packaging solutions and brand experiences. Matthews operates with over 11,000 employees in more than 30 countries.
YTD Price Performance: 7.18%
Average Trading Volume: 176,320
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $897.2M
See more data about MATW stock on TipRanks’ Stock Analysis page.
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