The Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has released a Form 8.3 in relation to its interests in International Paper Company. The disclosure, under Rule 8.3 of the Takeover Code, was made on August 13, 2024, and pertains to Vanguard's position as of August 12, 2024.

The disclosed information indicates that The Vanguard Group holds 40,791,445 shares of International Paper Company common stock, representing 11.74% of the company. The disclosure also mentions interests in Smith (DS) plc.

In terms of recent transactions, The Vanguard Group reported purchasing 3,197 shares at $44.51 per share and selling 3,553 shares at the same price. There are no holdings in cash-settled derivatives or other stock-settled derivative positions disclosed.

The form reports no relevant indemnity agreements or other understandings that would influence dealings. Additionally, there are no supplemental forms attached to the disclosure.