Brief: Starboard Value LP Reports 6.5% Stake In Rogers Corp As Of January 25, 2023 - SEC Filing

Rogers

06/02/2023 23:04

Feb 6 (Reuters) - Rogers Corp  ROG.N :
    * STARBOARD VALUE LP REPORTS 6.5% STAKE IN ROGERS CORP AS OF
JANUARY 25, 2023 - SEC FILING
    * STARBOARD VALUE LP- ON DEC 15, 2022,DELIVERED LETTER TO
ROGERS
CORP NOMINATING A SLATE OF DIRECTOR CANDIDATES FOR ELECTION TO
BOARD AT ANNUAL MEETING
    * STARBOARD VALUE LP-  INTENDS TO CONTINUE TO ENGAGE IN
DISCUSSIONS WITH ROGERS CORP REGARDING BOARD REPRESENTATION AND
COMPOSITION OF BOARD
    * STARBOARD VALUE LP-  PURCHASED ROGERS CORP'S SHARES BASED
ON
BELIEF THAT THE SHARES, WHEN PURCHASED, WERE UNDERVALUED
    * STARBOARD VALUE LP-CURRENTLY INTENDS TO NOMINATE ONLY ONE
INDIVIDUAL DIRECTLY AFFILIATED WITH STARBOARD FOR ELECTION TO
ROGERS CORP'S BOARD AT MEETING
    * STARBOARD VALUE LP- INTENDS TO WITHDRAW THE OTHER TWO
STARBOARD
REPRESENTATIVES FROM SLATE OF NOMINEES PRIOR TO FILING OF
DEFINITIVE PROXY MATERIALS

Further company coverage:  ROG.N 
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