The Vanguard Group Discloses Position in Quanex Building Products Corporation

The Vanguard Group, Inc. has disclosed its position in Quanex Building Products Corporation. According to the disclosure, Vanguard holds and controls 3,713,585 common shares of Quanex, representing an 11.22% stake in the company. This disclosure aligns with Rule 8.3 of the Takeover Code, requiring entities with interests in relevant securities representing 1% or more to report their positions.

The position was reported as of June 26, 2024. Vanguard made recent transactions involving Quanex's common shares, purchasing 10,503 shares at $28.17 per share and 3,652 shares at $28.22 per share, while selling 1,355 shares at $28.22 per share.

No agreements, arrangements, or understandings related to options or derivatives are reported. Additionally, there are no indemnity or other dealing arrangements involving Vanguard and any party to the offer.