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Matthews International Corporation Buyback

OLI recorded this information on 7/30/2021

Company: Matthews International Corporation
Buyback: MATW buyback
Share Amount Authorized: 2,500,000
Buyback Details: Matthews International Corporation (NASDAQ GSM: MATW) today announced that its Board of Directors approved a continuation of the Company's stock repurchase program. At June 30, 2021, approximately 325,000 shares remain to be purchased under the existing authorization. Upon the repurchase of these remaining shares, the new authorization allows Matthews to purchase up to an additional 2,500,000 shares of the Company's common stock.

Matthews International is a global provider of memorialization products, industrial technologies and brand solutions. Co. manages its business under three reporting segments, Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment manufactures and markets a line of memorialization products used primarily in cemeteries, funeral homes and crematories. The Industrial Technologies segment includes the design, manufacturing, service and distribution of custom energy storage solutions, product identification and warehouse automation technologies and solutions. The SGK Brand Solutions segment provides packaging and brand experience solutions.

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Company Name:  Matthews International Corp
Stock buyback:  MATW buyback
Website:  www.matw.com
Sector:  Business Services & Equipment
Number of ETFs Holding MATW:  55
Total Market Value Held by ETFs:  $196.11M
Total Market Capitalization:  $803.00M
% of Market Cap. Held by ETFs:  24.42%
 

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April 18, 2024    4:18 PM Eastern
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Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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