Barington capital group releases investor presentation outlining the path to maximizing value at matthews international corporation
Details prolonged period of shareholder value destruction caused by poor performance, poor operating execution and poor capital allocation believes ceo and incumbent board are ineffective, over tenured and entrenched and cannot be trusted to oversee much-needed change following years of empty promises barington's nominees bring the leadership experience and sector expertise the board urgently needs to unlock matthews' embedded value urges shareholders to vote the gold proxy card "for" the election of all of barington capital's nominees new york , jan. 23, 2025 /prnewswire/ -- barington capital group, l.p. ("barington capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "barington" or "we"), beneficially owns approximately 1.9% of the outstanding shares of matthews international corporation (nasdaq: matw) ("matthews" or the "company"), today announced that it has released a comprehensive presentation outlining the path to maximizing value at matthews following a prolonged period of shareholder value destruction overseen by the company's long-tenured board of directors (the "board") and chief executive officer.
MATW Ratings Summary
MATW Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission