sur The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group, Inc. Discloses Position in International Paper Company
The Vanguard Group, Inc. has disclosed its interests in International Paper Company as per Form 8.3. This form is in accordance with Rule 8.3 of the Takeover Code, applicable to persons holding more than 1% of the relevant securities.
As of July 30, 2024, Vanguard holds 40,738,895 common stock shares in International Paper Company, amounting to an 11.73% stake. Recent transactions include the purchase of 8,024 shares at $45.92 per unit and the sale of 3,859 shares at the same price.
No cash-settled or stock-settled derivatives nor agreements to purchase or sell were disclosed. Additionally, there are no rights to subscribe for new securities. No other agreements or understandings related to these securities exist.
The form also notes that Vanguard is making similar disclosures for Smith (DS) plc.
R. H.
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