The Vanguard Group Discloses Stake in Quanex Building Products Corporation

The Vanguard Group, Inc. has released its Form 8.3, detailing its stake in Quanex Building Products Corporation. The disclosure is pursuant to Rule 8.3 of the Takeover Code.

The document reveals that The Vanguard Group owns and/or controls 3,695,978 common shares of Quanex Building Products Corporation, representing an 11.16% interest. The position is accurate as of July 10, 2024. It also lists Tyman plc as another party to the offer.

The disclosure includes detailed information on transactions. Notably, a sale of 66 common shares at $26.24 per unit is reported. There are no cash-settled or stock-settled derivatives, and no other agreements or arrangements related to options or derivatives are noted.

The report, signed by Shawn Acker, confirms the absence of any indemnity or mutual agreements, as specified under sections (a) and (b) of the form. No supplemental forms are attached to the disclosure.