The Vanguard Group Announces Significant Stake in Quanex Building Products Corporation

The Vanguard Group, Inc. disclosed its substantial ownership in Quanex Building Products Corporation, holding 3,716,255 shares, which represents 11.22% of the company's common stock. This disclosure was made in compliance with Form 8.3 requirements under the Takeover Code, as of 07 May 2024.

The disclosure also noted recent trading activities involving Quanex's shares by Vanguard, including the purchase of 159 shares and the sale of 448 shares, each transaction being conducted at a price of $34.69 per share. Also, Vanguard made disclosures pertaining to another party involved in this context, Tyman plc.

The filings highlight Vanguard's significant involvement and transactions in Quanex's securities but reveal no dealings in cash-settled derivatives or stock-settled derivative transactions concerning Quanex Building Products Corporation on the disclosed date.