PITTSBURGH, PA, JULY 21, 2011 – Matthews International Corporation (NASDAQ GSM: MATW) today announced that Morgan K. O’Brien and Jerry R. Whitaker were elected to the Company’s Board of Directors.
PITTSBURGH, PA, JANUARY 20, 2011 – Matthews International Corporation (NASDAQ GSM: MATW) today announced earnings for the quarter ended December 31, 2010. Net income attributable to the Company was $13,214,000 for the fiscal 2011 first quarter, compared to $12,996,000 for the first three months of fiscal 2010. Earnings per share for the fiscal 2011 first quarter were $0.45 per share, compared to $0.43 per share for the same quarter a year ago, representing an increase of approximately 5%.
PITTSBURGH, PA, OCTOBER 20, 2011 – The Board of Directors of Matthews International Corporation (NASDAQ GSM: MATW) today declared a quarterly dividend of $0.09 per share on the Company’s common stock. The quarterly dividend has been increased one cent per share, or 12.5%, from $0.08 to $0.09. The dividend is payable November 14, 2011 to stockholders of record October 31, 2011.
Matthews International has wrapped up another successful United Way Campaign.
In 2010, Matthews was able to raise $79,138.32 through employee contributions, special events and our corporate match from the charitable trust.
In 2011, Matthews increased that number by 25% by raising a total of $105,570.52 for United Way! This total includes Allegheny County, Butler County and United Way of Greater St. Louis.
We had dozens of incredible prizes for employees who pledged, including Penguins tickets, Steelers tickets, 2 family memberships to the Carnegie Museums of Pittsburgh, an overnight stay at the Sheraton Station Square, AAA Plus and Basic AAA Memberships, Quicksilver golf rounds with carts and an assortment of gift cards.
A very big thank you goes out to our dedicated Division Coordinators! Without each of you assisting at your locations, this total could have never been achieved.
Thank you to everyone who was able to contribute!
This year’s Day of Caring took place on Tuesday, December 7 at the Toys for Toys warehouse in the Strip District. On the 70th anniversary of Pearl Harbor, volunteers from each Pittsburgh division of Matthews sorted, organized and packed toys for the Marines’ Toys for Tots program. This Day of Caring was timed perfectly for 2 days after the conclusion of the 96.1 Kiss FM Stuff-a-Bus program, where the local radio station collected a record 28 school buses full of toys and delivered them all to the warehouse where we worked!
As a 2nd-time participant in the annual Day of Caring, I can personally add a big thank you to everyone who helped out and I know we all had a great time.
Once again, a big thank you to John Standard (Marking Products), who organized the entire event and kept everyone on track at the warehouse.
I look forward to the 2012 campaign and the challenge of trying to exceed this year’s total!
PITTSBURGH, PA, NOVEMBER 14, 2011 – Matthews International Corporation (NASDAQ GSM: MATW) today announced that its Board of Directors approved a continuation of the Company’s stock repurchase program. In January 2010, the Board approved the repurchase of a total of 2,500,000 shares. Approximately 330,000 shares remain to be purchased under this 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.
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