Vanguard Group Discloses Significant Stake in International Paper Company

The Vanguard Group, Inc. has disclosed its position in International Paper Company through Form 8.3. The disclosure highlights that Vanguard holds 11.71% of International Paper Company's common stock, amounting to 40,686,321 shares as of July 2, 2024.

The filing also mentions that Vanguard has engaged in recent transactions involving International Paper’s common stock. It reports a purchase of 13,978 shares at $43.50 each and a sale of 14,555 shares at the same price. No dealings in cash-settled or stock-settled derivatives or other agreements are noted in the report.

Also included in the disclosure is an acknowledgment of another connected entity in the transaction, Smith (DS) plc. However, no other parties to the offer are involved. Additionally, there are no indemnity or option arrangements related to the securities that might affect the outcome of the dealings.