Vanguard Group Reports Share Ownership in International Paper Company

The Vanguard Group, Inc. disclosed its position in International Paper Company as per the requirements of the Takeover Code's Rule 8.3. According to the disclosure filed on 24 April 2024, Vanguard controls 40,673,306 shares, accounting for 11.71% of the company. This substantial share ownership reflects Vanguard's significant interest in the paper and packaging industry giant.

The disclosure also included recent transactions involving International Paper's common stock. The Vanguard Group purchased 7,269 shares and sold 428 shares on 23 April 2024, with both types of transactions listed at a price per unit of 34.41 USD. These moves are part of Vanguard's ongoing adjustments to their investment portfolio in respect to International Paper Company.

No additional rights to subscribe for new securities were recorded, nor were there any other derivative transactions associated with this disclosure. Vanguard also confirmed no indemnity, option arrangements, or agreements related to dealing in these securities, adhering strictly to regulatory requirements.