The Vanguard Group Reports Position in International Paper Co

The Vanguard Group, Inc. has disclosed its interest in International Paper Company through Form 8.3, according to Rule 8.3 of the Takeover Code. As of November 18, 2024, Vanguard holds 11.82% of International Paper's common stock, equating to 41,039,081 shares. This disclosure is part of their required public opening position, detailing ownership interests of 1% or more in relevant securities.

The filing indicates limited trading activity, including the purchase of 23,069 shares and the sale of 1,721 shares, both at $57.70 per unit. No significant derivative transactions or other dealings were reported, and there are no indemnity agreements or other arrangements related to these securities.

Additionally, Vanguard has made disclosures regarding another party involved, Smith (DS) plc. No supplementary form for open positions is attached, highlighting the straightforward nature of their current holdings.