on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group Discloses Position in International Paper Company
The Vanguard Group, Inc. disclosed its position in the International Paper Company as per Rule 8.3 of the Takeover Code. As of September 27, 2024, Vanguard controls 40,858,056 shares, representing 11.76% of the common stock of International Paper Company.
The disclosure included recent transactions: on 30-Sep-2024, Vanguard purchased 9,930 shares at $49.04 per share and 8,403 shares at $49.05 per share. They also sold 12,057 shares at $49.04 per share. The disclosure notes that there are no cash-settled or stock-settled derivatives, nor any rights to subscribe for new securities.
Additionally, Vanguard confirmed no indemnity or other arrangements related to dealing in International Paper's securities. No agreements or understandings about options or derivatives involving voting rights or future acquisitions were reported.
Vanguard is also making disclosures concerning Smith (DS) plc.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all The Vanguard Group, Inc. news