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Stock impact report

STOCKHOLDERS APPROVE STILWELL'S PROPOSAL TO SELL IF BANCORP

IF Bancorp, Inc. (IROQ) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1032002
Company Research Source: PR Newswire
NEW YORK, Dec. 3, 2024 /PRNewswire/ -- Stilwell Activist Investments, L.P. (together with its affiliates, "Stilwell"), one of the largest stockholders of IF Bancorp, Inc. ("IROQ" or the "Company") (NASDAQ: IROQ), today issued the following statement in connection with the Company's 2024 Annual Meeting of Stockholders:At last week's Annual Meeting, stockholders approved our Proposal by a 3:2 margin calling for a prompt sale of IF Bancorp, Inc. Although the Proposal is non-binding, IROQ's stockholders agree that the Company should be sold promptly. We urge IROQ's Board of Directors to act now.If the stockholder-approved Proposal does not lead to the Company's prompt sale, we intend to seek board representation at IROQ's 2025 annual meeting of stockholders.The Proposal is copied directly below: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 Co Show less Read more
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