The Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has filed a Form 8.3 regarding its position in International Paper Company, as per Rule 8.3 of the Takeover Code. The disclosure reveals that Vanguard holds relevant securities representing an 11.80% stake in International Paper, with a total of 40,990,507 common stock shares owned and/or controlled as of 14 November 2024. This declaration emerged amidst ongoing dealings, including a purchase of 28,611 common stocks and a sale of 5,806, both at a price of 56.93 USD per unit.

Importantly, there are no existing agreements, indemnities, or arrangements that might influence dealings in these securities. Vanguard's interests also extend to additional disclosures concerning Smith (DS) plc. No Supplemental Form 8 detailing open positions is attached to this announcement, and Vanguard reports no other significant derivative or option arrangements related to its stake in International Paper Company.