0000063296-11-000063.txt : 20111114 0000063296-11-000063.hdr.sgml : 20111111 20111114164239 ACCESSION NUMBER: 0000063296-11-000063 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20111114 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111114 DATE AS OF CHANGE: 20111114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MATTHEWS INTERNATIONAL CORP CENTRAL INDEX KEY: 0000063296 STANDARD INDUSTRIAL CLASSIFICATION: NONFERROUS FOUNDRIES (CASTINGS) [3360] IRS NUMBER: 250644320 STATE OF INCORPORATION: PA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-09115 FILM NUMBER: 111203486 BUSINESS ADDRESS: STREET 1: TWO NORTHSHORE CENTER CITY: PITTSBURGH STATE: PA ZIP: 15212-5851 BUSINESS PHONE: 4124428200 MAIL ADDRESS: STREET 1: TWO NORTHSHORE CENTER CITY: PITTSBURGH STATE: PA ZIP: 15212-5851 FORMER COMPANY: FORMER CONFORMED NAME: MATTHEWS JAMES H & CO DATE OF NAME CHANGE: 19780823 8-K 1 form8k-stockrepurchase.htm FORM 8K - CONT. OF STOCK REPURCHASE PROGRAM form8k-stockrepurchase.htm
 
 

 
 
 

UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):
November 14, 2011



MATTHEWS INTERNATIONAL CORPORATION
(Exact name of registrant as specified in its charter)


Pennsylvania
0-9115
25-0644320
(State or other jurisdiction of incorporation
(Commission File Number)
(IRS Employer Identification No.)
 
 
 Two NorthShore Center, Pittsburgh, PA     15212-5851
(Address of principal executive offices)    (Zip Code)



Registrant's telephone number, including area code:(412) 442-8200


 
 
 


Item 8.01 Other Events

On November 14, 2011, Matthews International Corporation issued a press release announcing that its Board of Directors approved the continuation of its stock repurchase program and increased the total authorization for stock repurchases by an additional two million five hundred thousand shares.  A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

(c)  
Exhibits

 
99.1
Press Release, dated  November 14, 2011, issued by Matthews International Corporation.



 
 
 





 



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


MATTHEWS INTERNATIONAL CORPORATION
(Registrant)


By Steven F. Nicola

Steven F. Nicola
Chief Financial Officer,
Secretary and Treasurer




Date: November 14, 2011




 
 
 

EX-99.1 2 exhibit99-1pressrelease.htm EXHIBIT 99.1 PRESS RELEASE CONT. STOCK REPURCHASE exhibit99-1pressrelease.htm
 
 


 

 

                    Exhibit 99.1

Release date: November 14, 2011             
Contact:
Steven F. Nicola
Chief Financial Officer, Secretary &
Treasurer
412-442-8262


MATTHEWS INTERNATIONAL CORPORATION ANNOUNCES
CONTINUATION OF ITS STOCK REPURCHASE PROGRAM


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.

Joseph C. Bartolacci, President and Chief Executive Officer, stated: “The extension of this program reflects the Company’s confidence in its growth projections for the current fiscal year and on a long-term basis.  In addition to our quarterly cash dividend, we believe that the repurchase program is an effective means to return capital to our shareholders.  The program remains an important element in the Company's long-term strategies.”

The repurchase program is designed to increase shareholder value, enlarge the Company’s holdings of its common stock, and add to earnings per share.  Repurchased shares may be retained in treasury, utilized for acquisitions, or reissued to employees or other purchasers.

Matthews International Corporation, headquartered in Pittsburgh, Pennsylvania, is a designer, manufacturer and marketer principally of memorialization products and brand solutions.  Memorialization products consist primarily of bronze and granite memorials and other memorialization products, caskets and cremation equipment for the cemetery and funeral home industries.  Brand solutions include graphics imaging products and services, marking products, and merchandising solutions.  The Company’s products and services include cast bronze and granite memorials and other memorialization products; caskets; cast and etched architectural products; cremation equipment and cremation-related products; mausoleums; brand management; printing plates and cylinders, pre-press services and imaging services for the primary packaging and corrugated industries; marking and coding equipment and consumables, and industrial automation products for identifying, tracking and conveying various consumer and industrial products, components and packaging containers; and merchandising display systems and marketing and design services.

Any forward-looking statements contained in this press release are included pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements involve known and unknown risks and uncertainties that may cause the Company’s actual results in future periods to be materially different from management’s expectations.  Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove correct.  Factors that could cause the Company’s results to differ materially from the results discussed in such forward-looking statements principally include changes in economic conditions, competitive environment, death rate, foreign currency exchange rates, and technological factors beyond the Company’s control.