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The Vanguard Group, Inc. Discloses Position in International Paper Company
The Vanguard Group, Inc. has made a public disclosure regarding its position in the International Paper Company as required by Rule 8.3 of the Takeover Code. The disclosure indicates that Vanguard holds a significant interest in the common stock of International Paper Company.
As of August 15, 2024, Vanguard owns and controls 40,820,830 shares, amounting to 11.75% of the company's common stock. This substantial holding underscores Vanguard's notable influence in the company.
Additionally, Vanguard participated in transactions involving common stock. Specifically, they purchased 12,397 shares at a price of 46.88 USD per unit and sold 380 shares at the same price.
No agreements, arrangements, or understandings related to options or derivatives exist, as noted in the disclosure, nor are there any supplemental forms attached.
R. H.
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