Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An update from Matthews International ( (MATW) ) is now available.
On February 14, 2025, Matthews International Corporation announced a series of governance changes, including the planned transition of the Board Chair role by 2026. Current Board Chair Alvaro Garcia-Tunon will retire, and an independent chair will be appointed. Gregory S. Babe resigned from the board on February 13, 2025, and Thomas Gebhardt was appointed to fill his vacancy. The company aims to appoint a new independent director with expertise in battery and EV technology solutions, highlighting its focus on enhancing shareholder value. Matthews also plans to declassify its Board and amend its Articles of Incorporation to improve governance transparency. These changes are part of Matthews’ broader strategy to drive long-term shareholder value, including the sale of SGK Brand Solutions and marketing its Dry Battery Electrode technology to new customers.
More about Matthews International
Matthews International Corporation is a global provider of memorialization products, industrial technologies, and brand solutions. The company operates in several segments, including the Memorialization segment, which offers products such as memorials and cremation equipment, and the Industrial Technologies segment, which involves energy storage solutions and automation technologies. Additionally, the SGK Brand Solutions segment provides packaging and brand marketing solutions.
YTD Price Performance: -6.16%
Average Trading Volume: 233,981
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $796.8M
Learn more about MATW stock on TipRanks’ Stock Analysis page.
