The Vanguard Group Discloses Positions in Quanex Building Products

The Vanguard Group, Inc. revealed its positions in Quanex Building Products Corporation through a recent filing on 24 July 2024. This disclosure, following Rule 8.3 of the Takeover Code, states Vanguard's interest in the relevant securities.

Vanguard reported an ownership of 3,711,402 shares in Quanex, representing an 11.21% stake. The company also disclosed other dealings and positions not connected with any agreements or inducements to deal in these securities.

Further, Vanguard specified a purchase transaction of 3,832 shares at a unit price of USD 32.54 on 23 July 2024. No other derivative positions or agreements were reported. The disclosure of these holdings ensures transparency in the context of the ongoing offerings involving Quanex and, additionally, Tyman plc.