Matthews International Issues Statement Following ISS
From GlobeNewswire: 2025-02-07 18:30:00
Matthews International Corporation has issued a statement disagreeing with Institutional Shareholder Services’ recommendation, which favors Barington’s positions. ISS did not provide substantive analysis of Barington’s plans or nominees, and Matthews believes Barington’s nominees lack relevant skills and new ideas. The Board has taken actions to benefit shareholders, including developing the Memorialization segment and announcing a strategic disposition of the SGK business. A victory against Tesla in arbitration will allow Matthews to resume marketing its DBE solutions. GAMCO Asset Management, a top shareholder, supports Matthews’ director nominees. Your vote is important, so vote for Matthews’ nominees on the WHITE proxy card.
In connection with Matthews International Corporation’s 2025 Annual Meeting, the company has filed a definitive proxy statement with the SEC. Shareholders are encouraged to read the proxy statement and other relevant documents, which are available on the SEC’s website. Forward-looking statements included in the release discuss the company’s future expectations and strategies, highlighting potential risks and uncertainties. Participants in the solicitation of proxies for the 2025 Annual Meeting are detailed in the proxy statement. If you have any questions or need assistance with voting your shares, contact the company’s proxy solicitor.
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