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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 brand solutions, memorialization products and industrial technologies. Co. manages its business under three reporting segments, SGK Brand Solutions, Memorialization, and Industrial Technologies. The SGK Brand Solutions segment provides packaging and brand experience solutions. The Memorialization segment manufactures and markets a line of memorialization products used primarily in cemeteries, funeral homes and crematories. The Industrial Technologies segment designs, manufactures and distributes a range of marking and coding equipment and consumables, industrial automation solutions and warehouse automation systems.

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Company Name: 
Matthews International Corp
Stock buyback: 
MATW buyback
Business Services & Equipment
Number of ETFs Holding MATW: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

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Strong Buy (4.00 out of 4)
83rd percentile
(ranked higher than approx. 83% of all stocks covered)

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