The Vanguard Group, Inc. Announces Position in International Paper Company

The Vanguard Group, Inc. disclosed its substantial ownership in International Paper Company, reflecting an 11.74% interest as of April 15, 2024. This position, as required by the Takeover Code Rule 8.3, shows The Vanguard Group's significant stake of 40,640,864 shares in common stock. Additionally, disclosures include recent transactions involving the purchase of 17,101 shares and the sale of 1,054 shares at a price of 36.77 USD per unit.

The statement covered the financial dealings and clarified that there are no indemnity or dealing arrangements that would influence these transactions. Though further details on strategies or expectations were not provided, the investments in associated firms such as Mondi plc and Smith (DS) plc were acknowledged in the same report. The disclosures are part of necessary compliance with the public opening position regulations.