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Malvern Federal investors seek to maximize shareholder value in conjunction with management
By Lisa Kerner
Charlotte, N.C., June 27 - Malvern Federal Bancorp, Inc. investors led by Stilwell Partners LP do not believe the value of the company's assets is adequately reflected in the current market price of its common stock.
The 9.2% shareholders want to work with management to maximize shareholder value and to that end, provided a power point presentation to Malvern Federal on June 26, it was reported in a schedule 13D filing with the Securities and Exchange Commission.
In the presentation, Stilwell highlighted capital allocation and share repurchases.
Malvern Federal is the bank holding company for Malvern Federal Savings Bank located in Paoli, Pa.
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