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Matthews International Announces Agreement with Barington Capital
Prnewswire· 2026-01-15 21:15
Core Viewpoint - Matthews International Corporation has reached an agreement with Barington Capital, resulting in Barington withdrawing its director nominations, which is seen as a constructive resolution for all shareholders [1][2]. Group 1: Agreement Details - The agreement includes Barington agreeing to standstill provisions and other restrictions, with full details to be disclosed in a Current Report on Form 8-K with the U.S. Securities and Exchange Commission [2][3]. - The dialogue between Matthews and Barington has provided valuable insights that have helped refine Matthews' ongoing strategic initiatives [2]. Group 2: Company Strategy and Governance - Matthews has taken decisive steps over the past 12 months to simplify its business mix, strengthen its balance sheet, and enhance board composition and corporate governance [2]. - The company is focused on advancing its strategic review and positioning itself for long-term shareholder value creation [2]. Group 3: Company Overview - Matthews International Corporation operates through two core global businesses: Industrial Technologies and Memorialization, both aimed at driving operational efficiency and long-term growth [4]. - The Industrial Technologies segment is a leading global innovator in precision technologies, while the Memorialization segment provides memorial products primarily to cemetery and funeral home customers [4]. - The company has over 5,400 employees across 19 countries on 4 continents [4]. Group 4: Barington Capital Overview - Barington Capital Group is a value-oriented activist investment firm that invests in undervalued publicly traded companies, aiming for significant appreciation through changes in corporate strategy or governance [5]. - The firm utilizes its strategic, operating, and boardroom experience to assist companies in improving long-term shareholder value [5].
Matthews International(MATW) - 2025 Q4 - Earnings Call Presentation
2025-11-21 14:00
Fourth Quarter Fiscal 2025 Earnings Teleconference November 21, 2025 Joseph C. Bartolacci President and Chief Executive Officer Steven F. Nicola Chief Financial Officer and Treasurer www.matw.com | Nasdaq: MATW DISCLAIMER Any forward-looking statements contained in this presentation are included pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the expectations, hopes, belie ...
Matthews International Announces Fourth Quarter and Fiscal Year 2025 Earnings Release and Conference Call
Globenewswire· 2025-11-07 21:15
Core Insights - Matthews International Corporation plans to release its fourth quarter and fiscal year 2025 earnings results on November 20, 2025, after market close [1] - A conference call and webcast will be held on November 21, 2025, at 9:00 a.m. Eastern Time to discuss financial and operational results, featuring CEO Joseph C. Bartolacci and CFO Steven F. Nicola [2][3] Company Overview - Matthews International operates through two main segments: Industrial Technologies and Memorialization, focusing on operational efficiency and long-term growth through innovation and strategic expansion [4] - The Industrial Technologies segment is a global innovator in precision technologies and intelligent processes, while the Memorialization segment provides products such as memorials, caskets, and cremation equipment to cemetery and funeral home customers [4] - The company also has a significant investment in Propelis, a brand solutions business that offers integrated solutions including brand creative and content production [4] - Matthews International employs over 5,400 people across 19 countries on four continents [4]
How Dividend Champions Such as Matthews International Corporation (MATW) Weather Market Volatility
Yahoo Finance· 2025-10-05 19:39
Core Insights - Matthews International Corporation (NASDAQ:MATW) is recognized as one of the Best Dividend Stocks for a Dividend Champions List, highlighting its strong dividend performance [1] Company Strategy - The company operates across diverse sectors, including industrial technologies, brand solutions, and memorialization, and is focused on reshaping its portfolio for long-term growth [2] - Key strategies include tailoring offerings in memorialization to align with demographic trends, leveraging innovation in industrial technologies, and maximizing value from joint ventures post-SGK divestiture [3] - Emphasis is placed on disciplined cost controls, steady cash flow, and simplifying the reporting structure, particularly regarding the Propelis partnership [3] Dividend Performance - Matthews International Corporation has achieved its 31st consecutive year of dividend growth as of 2025, making it a strong candidate for income investors [4] - The current quarterly dividend is $0.25 per share, resulting in a dividend yield of 4.01% as of October 2 [4]
Matthews International’s Engineering Business Hosting Energy Summit in Germany
Globenewswire· 2025-09-17 13:00
Group 1: Event Overview - Matthews International Corporation is hosting an Energy Summit at its Development Center in Vreden, Germany on September 17-18, 2025 [1] - The summit will gather industry experts, leading battery manufacturers, automotive OEMs, and innovators to discuss advancements in battery manufacturing and energy technologies [2][3] Group 2: Summit Details - Attendees will learn about dry transfer coating for DBE, powder processing, next-gen battery types, and hydrogen fuel cell production solutions [3] - The event will be moderated by Dr. Veronika Wright, featuring presentations from experts from The University of Chicago, Fraunhofer IWS, Fraunhofer UMSICHT, Technical University of Braunschweig, Addionics, and Factorial Energy [4] Group 3: Company Background - Matthews Engineering specializes in designing and manufacturing specialty machines and production equipment for continuous industrial manufacturing processes, with over 75 years of experience [5] - The company operates through two core global businesses: Industrial Technologies and Memorialization, focusing on operational efficiency and long-term growth through innovation [6]
Matthews International Announces Retirement Plans of CFO Steven F. Nicola and Appointment of Daniel E. Stopar as Successor
Globenewswire· 2025-08-19 20:15
Core Insights - Matthews International Corporation announced the retirement of Chief Financial Officer Steven F. Nicola effective December 31, 2025, after over three decades with the company [1][2] - Daniel E. Stopar has been appointed as the new CFO and Treasurer, effective December 1, 2025, bringing extensive financial experience from his previous roles within Matthews and other companies [2] Company Overview - Matthews International operates through two main segments: Industrial Technologies and Memorialization, focusing on operational efficiency and long-term growth through innovation and strategic expansion [3] - The Industrial Technologies segment is a leading global innovator in precision technologies and intelligent processes, while the Memorialization segment provides products such as memorials, caskets, and cremation equipment to cemetery and funeral home customers [3] - The company has a significant investment in Propelis, a brand solutions business that offers integrated solutions including brand creative, packaging, and content production [3] - Matthews International employs over 5,400 individuals across 19 countries on four continents, dedicated to delivering high-quality products and services [3]