Matthews International receives $28 million from Propelis stake redemption
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MATTHEWS INTERNATIONAL ANNOUNCES PARTIAL REDEMPTION OF PREFERRED EQUITY INTEREST IN PROPELIS
May 19, 2026 4:15 PM EDTPITTSBURGH, May 19, 2026 /PRNewswire/ -- Matthews International Corporation (NASDAQ GSM: MATW) today announced receipt of $28 million of proceeds for the partial redemption of its preferred equity interest in Propelis.
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