The Vanguard Group Discloses Position in Quanex Building Products Corporation

The Vanguard Group, Inc. has filed Form 8.3, disclosing its position in Quanex Building Products Corporation. According to the disclosure, as of May 30, 2024, Vanguard controls 3,715,406 common shares, equating to an 11.22% stake in the company. This filing was made under Rule 8.3 of the Takeover Code, which mandates the public disclosure of positions representing 1% or more in relevant securities.

No new rights to subscribe for securities or derivatives tied to Quanex were noted. Additionally, Vanguard executed a sale of 615 common shares at $32.15 per unit. The document indicated no other financial dealings or agreements related to derivatives or future acquisitions and disposals of shares.

Related disclosures for Tyman plc were also mentioned but not elaborated upon within this filing. The disclosure ensures transparency and compliance as per market regulations.