sur The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group, Inc. Discloses Stake in International Paper Company
The Vanguard Group, Inc. has filed Form 8.3, revealing a significant position in the International Paper Company. As of June 21, 2024, Vanguard holds 40,865,927 shares, amounting to an 11.77% stake. This disclosure adheres to Rule 8.3 of the Takeover Code.
According to the report, between The Vanguard Group and International Paper, 56,812 shares were purchased at a price of $46.08 per unit, and 79,771 shares were sold at the same price. No positions involve cash-settled or stock-settled derivatives.
There are no indemnity or other dealing arrangements associated with these securities. Additionally, there are no agreements concerning the voting rights or future acquisition of the securities referenced.
This disclosure reiterates The Vanguard Group's active engagement in the market, specifically regarding International Paper Company and Smith (DS) plc.
R. H.
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