Matthews International Corporation - Class A Common Stock (MATW)
23.64
+0.17 (0.72%)
Matthews International Corporation is a diversified company that operates in two primary industries: memorialization and industrial
In the memorialization segment, Matthews provides products and services related to memorials, such as monuments, markers, and cremation equipment, helping families commemorate their loved ones. The industrial segment focuses on providing branding solutions through custom packaging, graphics, and marking systems that enhance product visibility and brand identity. With a commitment to quality and service, Matthews International serves a broad range of customers, including funeral homes, cemeteries, and manufacturing businesses.
PITTSBURGH, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Matthews International Incorporation ("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 of other customary closing conditions.
PITTSBURGH, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (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.
Failure to Elect All Three of Matthews’ Director Nominees Will Lead to Short-Term Oversight by Individuals Who Have No Knowledge of Matthews’ Businesses
Matthews International secured a legal victory when a U.S. District Court Judge denied Tesla's attempt to block its sales of proprietary dry battery electrode (DBE) technology. Just hours after presenting the motion for a temporary restraining order before Judge Edward Davila in California, Tesla filed yet another lawsuit against Matthews in Federal Court.
PITTSBURGH, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (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:
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
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
PITTSBURGH, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) (“Matthews” or the “Company”) issued the following statement regarding a February 6, 2025 report by Institutional Shareholder Services ("ISS"):
Diversified solutions provider Matthews International (NASDAQMATW) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 10.7% year on year to $401.8 million. Its non-GAAP profit of $0.14 per share was 37.8% below analysts’ consensus estimates.
Diversified solutions provider Matthews International (NASDAQMATW)
will be reporting results tomorrow after market hours. Here’s what you need to know.
PITTSBURGH, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (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.
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