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Stock impact report

Stilwell Will Vote in Favor of Proposal to Sell IF Bancorp - UPDATE [Yahoo! Finance]

IF Bancorp, Inc. (IROQ) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1032002
Company Research Source: Yahoo! Finance
IF Bancorp – Chronically Disappointing. Based on chronic underperformance and the likelihood of continued underperformance, we intend to vote FOR the Proposal, copied directly below, at the upcoming Annual Meeting. Proposal: RESOLVED, that the stockholders of IF Bancorp, Inc. (the “ Company ” or “ IROQ ”) hereby recommend that the Board of Directors take all necessary steps to promptly effectuate a sale of the Company. As set forth in our Supporting Statement included in IROQ's proxy statement filed with the Securities and Exchange Commission on October 16, 2024, we believe that the returns on the Company's assets have been subpar for many years and that IROQ stockholders would be best served if the Company and its assets were sold at the earliest opportunity for the highest price available. Although our proposal is non-binding, we believe it provides a referendum for IROQ stockholders to express their views on the status quo and that it would be incumbent upon the Board of D Show less Read more
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