The Vanguard Group, Inc. Discloses Positions in International Paper Company

The Vanguard Group, Inc. has disclosed its positions in International Paper Company, pursuant to Rule 8.3 of the Takeover Code. As of 20 August 2024, Vanguard holds an 11.76% interest in common stock, equivalent to 40,832,662 shares. Additionally, Vanguard disclosed related dealings involving the purchase of 8,715 shares and the sale of 3,178 shares, both at $47.45 per share.

Vanguard's disclosure also includes a clarification that it is making disclosures in respect to Smith (DS) plc, in addition to International Paper Company. No new securities, options, or derivatives were subscribed to. Importantly, there are no indemnity arrangements, options, or derivative agreements related to voting rights or future acquisitions of relevant securities.