MATTHEWS INTERNATIONAL CORP 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Stock Repurchase Plan The Company has a stock repurchase program, which 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, subject to the restrictions set forth in the Company's Restated Articles of Incorporation. On November 21, 2025, the Company announced that its Board of Directors approved the continuation of the stock repurchase program and increased the authorization for stock repurchases by an additional 5,000,000 shares during fiscal year 2025. Under the current authorization, 4,814,491 shares remained available for repurchase as of March 31, 2026. All purchases of the Company's Class A Common Stock during fiscal 2026 were part of this repurchase program. The following table shows the monthly stock repurchase activity for the second quarter of fiscal 2026: Period Total number of shares purchased Weighted-average price paid per share Total number of shares purchased as part of a publicly announced plan Maximum number of shares that may yet be purchased under the plan January 2026 564 $ 25.10 564 4,836,880 February 2026 22,389 26.36 22,389 4,814,491 March 2026 — — — 4,814,491 Total 22,953 $ 26.33 22,953 Item 3. Defaults Upon Senior Securities Not Applicable. Item 4. Mine Safety Disclosures Not Applicable. 43 Part II - Other Information, Continued