Vanguard Group Discloses Positions in International Paper Company

The Vanguard Group, Inc. has submitted Form 8.3, disclosing its interests in the relevant securities of International Paper Company. This disclosure adheres to Rule 8.3 of the Takeover Code, which mandates public opening position disclosures from entities holding 1% or more in pertinent securities.

As per the form, Vanguard holds 40,825,983 shares of common stock in International Paper Company, representing an 11.75% interest. The position was held as of August 16, 2024. Additionally, Vanguard engaged in transactions involving the purchase of 8,852 shares at $47.08 per unit and the sale of 3,699 shares at the same price.

Vanguard also disclosed positions in Smith (DS) plc alongside International Paper Company, ensuring comprehensive transparency of their interests. There were no relevant indemnity, option arrangements, or agreements disclosed.