Matthews Intl Corp Files Proxy Docs
Ticker: MATW · Form: DEFA14A · Filed: Feb 10, 2025 · CIK: 63296
| Field | Detail |
|---|---|
| Company | Matthews International CORP (MATW) |
| Form Type | DEFA14A |
| Filed Date | Feb 10, 2025 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $350 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-filing, governance
Related Tickers: MATW
TL;DR
Matthews Intl (MATW) filed proxy docs, no fee, Feb 10. Shareholders vote soon.
AI Summary
Matthews International Corporation filed a DEFA14A on February 10, 2025, related to proxy materials. The filing indicates no fee was required for this submission, which was designated as Definitive Additional Materials. The company, headquartered in Pittsburgh, PA, is involved in nonferrous foundries and castings.
Why It Matters
This filing provides shareholders with important information regarding company governance and voting matters, influencing their decisions on corporate actions.
Risk Assessment
Risk Level: low — This is a routine proxy filing (DEFA14A) and does not contain new financial information or significant corporate events that would inherently increase risk.
Key Players & Entities
- MATTHEWS INTERNATIONAL CORP (company) — Registrant
- 0000063296 (company) — Central Index Key
- PA (company) — State of Incorporation
- PITTSBURGH (company) — Business Address City
- 4124428200 (company) — Business Phone
- MATTHEWS JAMES H & CO (company) — Former Company Name
FAQ
What type of SEC filing is this?
This is a DEFA14A, a Definitive Proxy Statement or Definitive Additional Materials.
When was this filing submitted?
The filing was submitted on February 10, 2025.
Is there a filing fee associated with this document?
No, the filing indicates that no fee was required.
What is the primary business of Matthews International Corporation?
Matthews International Corporation is involved in Nonferrous Foundries (Castings).
Where is Matthews International Corporation headquartered?
The company is headquartered in Pittsburgh, PA.
Filing Stats: 2,115 words · 8 min read · ~7 pages · Grade level 15.3 · Accepted 2025-02-10 06:04:22
Key Financial Figures
- $350 million — or substantial upfront consideration of $350 million at closing, while still benefiting from
Filing Documents
- d902200ddefa14a.htm (DEFA14A) — 30KB
- 0001193125-25-023073.txt ( ) — 31KB
Forward-Looking Statements
Forward-Looking Statements Any forward-looking statements contained in this release 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, beliefs, intentions or strategies of the Company regarding the future, including statements regarding the anticipated timing and benefits of the proposed joint venture transaction, and may be identified by the use of words such as expects, believes, intends, projects, anticipates, estimates, plans, seeks, forecasts, predicts, objective, targets, potential, outlook, may, will, could or the negative of these terms, other comparable terminology and variations thereof. Such forward-looking statements involve known and unknown risks and uncertainties that may cause the Companys actual results in future periods to be materially different from managements expectations, and no assurance can be given that such expectations will prove correct. Factors that could cause the Companys results to differ materially from the results discussed in such forward-looking statements principally include our ability to satisfy the conditions precedent to the consummation of the proposed joint venture transaction on the expected timeline or at all, our ability achieve the anticipated benefits of the proposed joint venture transaction, uncertainties regarding future actions that may be taken by Barington in furtherance of its intention to nominate director candidates for election at the Companys 2025 Annual Meeting, potential operational disruption caused by Baringtons actions that may make it more difficult to maintain relationships with customers, employees or partners, changes in domestic or international economic conditions, changes in foreign currency exchange rates, changes in interest rates, changes in the cost of materials used in the manufacture of the Companys products, any impairm