The Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has released its Form 8.3, revealing its position in International Paper Company as of September 5, 2024. The disclosure, required by Rule 8.3 of the Takeover Code, indicates significant interest in relevant securities.

The disclosure shows that The Vanguard Group holds 40,874,906 shares of International Paper Company, accounting for 11.77% of the common stock. This includes shares owned or controlled, while no cash-settled or stock-settled derivatives are reported.

The filing also details recent transactions involving International Paper's common stock. The Vanguard Group purchased 9,806 shares at $47.31 each and sold 3,921 shares at the same price. No other dealings, such as cash-settled or stock-settled derivatives, have been noted.

The disclosure mentions no indemnity or other dealing arrangements, nor any agreements related to options or derivatives. Additionally, there are no Supplemental Form 8 attachments concerning open positions.