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Pitney-Bowes (PBI) Comments on Hestia Actions, Says Management Remains Focused on Delivering Long Term Value

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Pitney Bowes Comments on Hestia Actions

January 23, 2023 10:44 AM EST

No Shareholder Action Required at this Time

Management Remains Focused on Delivering Long Term Value for Shareholders

STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes (NYSE:PBI, the Company or Pitney Bowes), a global shipping and mailing company that provides technology, logistics, and financial services, today acknowledged receipt of Hestia Capitals (Hestia) notice of nomination of seven director candidates, constituting a majority slate of director candidates, to the Pitney Bowes Board of Directors (the Board) in connection with the Companys upcoming annual meeting of shareholders.

Consistent with its fiduciary duty to... More