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

The Vanguard Group, Inc., a major player in the financial sector, has disclosed its position in the International Paper Company as per Rule 8.3 of the Takeover Code. This disclosure provides significant insights into The Vanguard Group's investments and interests in relevant securities, representing 1% or more.

As of May 24, 2024, The Vanguard Group holds 40,788,604 shares of common stock in International Paper Company, representing an 11.74% interest. Additionally, The Vanguard Group has executed transactions involving the purchase of 4,452 shares at $45.46 per unit and the sale of 2,534 shares at the same price.

There are no indemnity or option arrangements, nor agreements or understandings relating to options or derivatives concerning the relevant securities. The disclosure aims to maintain transparency in the dealings of institutions with substantial interests in publicly traded companies.