The Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has reported its stake in International Paper Company as per the regulatory requirements under Rule 8.3 of the Takeover Code. As of May 6, 2024, Vanguard holds 11.73% of the company’s common stock, amounting to 40,736,223 shares. This significant holding underscores Vanguard's interest in International Paper, a major player in the global paper industry.

Furthermore, transaction details reveal that Vanguard engaged in both buying and selling of shares on the reported date. The group purchased 5,563 shares and sold 3,161 shares, each transaction at a price of 36.92 USD per share. These dealings are part of Vanguard’s regular investment activities and reflect their ongoing adjustments to their investment portfolio.

No additional forms related to open stock-settled derivative positions or agreements on options or derivatives were reported. Vanguard’s disclosure confirms there are no indemnity or dealing arrangements that might influence their investment decisions, stating a clear “none” in both contexts.