Believes Now is the Optimal Time Given the Contemplated CEO Transition

NEW YORK, Jan. 10, 2025 /PRNewswire/ -- Barington Capital Group, L.P., which together with its affiliates collectively owns approximately 1.5% of TriMas Corporation (NasdaqGS: TRS), announced today that it has sent a letter to Herbert K. Parker, the Chairman of the Board of Directors of TriMas, urging the Board to immediately retain a financial advisor to pursue strategic alternatives for the Company.

The full text of Barington's letter to Mr. Parker is available at https://barington.com/trimas 

About Barington Capital Group, L.P.

Barington Capital Group, L.P. is a fundamental, value-oriented activist investment firm established by James Mitarotonda in January 2000.  Barington invests in undervalued publicly traded companies that Barington believes can appreciate significantly in value when substantive improvements are made to their operations, corporate strategy, capital allocation and corporate governance.  Barington's investment team, advisors and network of industry experts draw upon their extensive strategic, operating and boardroom experience to assist companies in designing and implementing initiatives to improve long-term shareholder value.

Cision View original content:https://www.prnewswire.com/news-releases/barington-capital-group-calls-on-the-board-of-directors-of-trimas-corporation-to-retain-a-financial-advisor-to-pursue-strategic-alternatives-for-the-company-302347188.html

SOURCE Barington Capital Group, L.P.

Copyright 2025 PR Newswire

Grafico Azioni TriMas (NASDAQ:TRS)
Storico
Da Dic 2024 a Gen 2025 Clicca qui per i Grafici di TriMas
Grafico Azioni TriMas (NASDAQ:TRS)
Storico
Da Gen 2024 a Gen 2025 Clicca qui per i Grafici di TriMas