on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group, Inc. Discloses Interest in Quanex Building Products Corporation
The Vanguard Group, Inc. has revealed its position in Quanex Building Products Corporation through Form 8.3, in compliance with Rule 8.3 of the Takeover Code. This disclosure pertains to entities with a 1% or greater stake in relevant securities.
The disclosure specifies that as of June 17, 2024, Vanguard controls 3,721,510 common shares of Quanex, equivalent to 11.24% of the company. This report does not cover interests in any other companies involved in the offer.
The filing also mentions a recent purchase of 8,670 common shares at a price of $29.37 per unit, though no cash-settled or stock-settled derivatives are listed. No other transactions, indemnities, or dealing arrangements are noted, and no Supplemental Form 8 is attached.
This disclosure aligns with the regulatory requirements for significant shareholders during takeover situations.
R. H.
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