The Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has filed Form 8.3, disclosing its interests in the securities of International Paper Company. This filing, under Rule 8.3 of the Takeover Code, indicates that Vanguard holds positions representing more than 1% of the company.

As of July 26, 2024, Vanguard controls 40,739,921 shares of common stock in International Paper, equivalent to 11.73% of the outstanding shares. Additionally, Vanguard has engaged in transactions involving these securities. Notably, it purchased 8,716 shares at $46.92 per share and sold 5,605 shares at the same price.

No indemnity or option arrangements, or other agreements, were reported in this disclosure. This filing also confirms that there are no further agreements regarding voting rights or future acquisitions linked to any derivatives.