GAMCO Supports Matthews International’s Nominees at 2025 Annual Meeting
GAMCO Asset Management, which owns approximately 4.39% of Matthews International (MATW) through its affiliates, has announced its position regarding the upcoming 2025 Annual Meeting of Shareholders. While acknowledging Barington Companies Equity Partners' intention to nominate three candidates for election, GAMCO's Proxy Voting Committee has expressed support for Matthews' proposed slate of nominees, believing they are better positioned to unlock shareholder value.
The committee will continue monitoring the board's actions and may submit a corporate governance shareholder proposal if improvements are not implemented by the 2026 Annual Meeting. GAMCO manages assets through private advisory accounts, mutual funds, and closed-end funds, utilizing its Private Market Value with a Catalyst™ investment style.
GAMCO Asset Management, che detiene circa il 4,39% di Matthews International (MATW) attraverso le sue affiliate, ha annunciato la sua posizione riguardo al prossimo incontro annuale degli azionisti del 2025. Pur riconoscendo l'intenzione di Barington Companies Equity Partners di nominare tre candidati per l'elezione, il Comitato di Voto per delega di GAMCO ha espresso supporto per la lista di candidati proposta da Matthews, ritenendo che questi siano meglio posizionati per sbloccare il valore per gli azionisti.
Il comitato continuerà a monitorare le azioni del consiglio e potrebbe presentare una proposta di governance aziendale per gli azionisti se non verranno attuati miglioramenti entro l'incontro annuale del 2026. GAMCO gestisce attivi attraverso conti di consulenza privata, fondi comuni e fondi chiusi, utilizzando il suo valore di mercato privato con uno stile di investimento Catalyst™.
GAMCO Asset Management, que posee aproximadamente el 4.39% de Matthews International (MATW) a través de sus filiales, ha anunciado su posición respecto a la próxima Junta Anual de Accionistas de 2025. Aunque reconoce la intención de Barington Companies Equity Partners de nominar a tres candidatos para su elección, el Comité de Voto por Poder de GAMCO ha expresado su apoyo a la lista de nominados propuesta por Matthews, creyendo que están mejor posicionados para desbloquear el valor para los accionistas.
El comité continuará monitoreando las acciones del consejo y puede presentar una propuesta de gobernanza corporativa a los accionistas si no se implementan mejoras antes de la Junta Anual de 2026. GAMCO gestiona activos a través de cuentas de asesoramiento privado, fondos mutuos y fondos cerrados, utilizando su Valor de Mercado Privado con un estilo de inversión Catalyst™.
GAMCO 자산 관리는 자회사를 통해 Matthews International (MATW)의 약 4.39%를 소유하고 있으며, 2025년 주주 연례 회의에 대한 입장을 발표했습니다. Barington Companies Equity Partners가 세 명의 후보를 추천하려는 의도를 인정하면서도, GAMCO의 위임 투표 위원회는 Matthews가 제안한 후보자 명단을 지지한다고 밝혔으며, 이들이 주주 가치를 unlock할 수 있는 더 나은 위치에 있다고 믿고 있습니다.
위원회는 이사회 행동을 계속 모니터링하며, 2026 년 주주 연례 회의 전에 개선이 이루어지지 않을 경우 기업 거버넌스 주주 제안을 제출할 수 있습니다. GAMCO는 자산을 개인 자문 계좌, 뮤추얼 펀드 및 폐쇄형 펀드를 통해 관리하며, Catalyst™ 투자 스타일을 이용한 개인 시장 가치를 활용합니다.
GAMCO Asset Management, qui possède environ 4,39 % de Matthews International (MATW) par l'intermédiaire de ses affiliés, a annoncé sa position concernant la prochaine Assemblée Générale Annuelle des Actionnaires de 2025. Tout en reconnaissant l'intention de Barington Companies Equity Partners de nommer trois candidats à l'élection, le Comité de Vote par Procuration de GAMCO a exprimé son soutien à la liste de candidats proposée par Matthews, croyant qu'ils sont mieux positionnés pour réaliser de la valeur pour les actionnaires.
Le comité continuera de surveiller les actions du conseil et pourrait soumettre une proposition de gouvernance d'entreprise aux actionnaires si des améliorations ne sont pas mises en œuvre d'ici la réunion annuelle de 2026. GAMCO gère des actifs par le biais de comptes de conseil privés, de fonds communs et de fonds fermés, en utilisant sa valeur de marché privée avec un style d'investissement Catalyst™.
GAMCO Asset Management, das etwa 4,39% von Matthews International (MATW) über seine Tochtergesellschaften besitzt, hat seine Position bezüglich der bevorstehenden Jahreshauptversammlung der Aktionäre 2025 bekannt gegeben. Während man die Absicht von Barington Companies Equity Partners zur Nominierung von drei Kandidaten für die Wahl anerkennt, hat das Stimmrechtsausschuss von GAMCO seine Unterstützung für die vorgeschlagene Kandidatenliste von Matthews ausgedrückt, in dem Glauben, dass diese besser positioniert sind, um den Aktionärswert zu steigern.
Der Ausschuss wird die Aktionen des Vorstandes weiterhin überwachen und kann einen Vorschlag zur Unternehmensführung der Aktionäre einreichen, falls bis zur Jahreshauptversammlung 2026 keine Verbesserungen umgesetzt werden. GAMCO verwaltet Vermögenswerte über private Beratungs konten, Investmentfonds und geschlossene Fonds und nutzt dabei seinen privaten Marktwert mit einem Catalyst™ Investitionsstil.
- Owns significant 4.39% stake in Matthews International
- Strategic support for company's nominees indicates confidence in current direction
- Potential submission of governance proposal in 2026 suggests concerns about current practices
- Presence of activist investor Barington indicates possible corporate governance issues
GAMCO understands that Barington Companies Equity Partners, L.P. (“Barington”) has notified Matthews of its intent to nominate three candidates for election at the Company’s 2025 Annual Meeting of Shareholders. GAMCO’s Proxy Voting Committee applauds Barington’s efforts to advocate for shareholders. After a thorough review, GAMCO believes that Matthews’ proposed slate of nominees is best positioned, at this time, to focus and execute on the Company’s efforts to surface underlying value for all shareholders.
GAMCO’s Proxy Voting Committee will continue to monitor the board’s actions and may submit a shareholder proposal on corporate governance if improvements are not implemented by the Company’s 2026 Annual Meeting of Shareholders.
GAMCO Investors, Inc., through its subsidiaries, manages assets of private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli Funds, LLC) and is known for its Private Market Value with a Catalyst™ style of investment.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250131602692/en/
Robert Leininger
Chair, Proxy Voting Committee
(914) 921-7754
For further information please visit www.gabelli.com
Source: GAMCO Investors, Inc.
FAQ
What percentage of Matthews International does GAMCO own in 2025?
Why is GAMCO (GAMI) supporting Matthews International's nominees for 2025?
What action might GAMCO take at Matthews' 2026 Annual Meeting?
How many candidates is Barington nominating for Matthews' 2025 Annual Meeting?
