on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group, Inc. Discloses Position in International Paper Company
The Vanguard Group, Inc. has filed Form 8.3 revealing its interest in International Paper Company as per Rule 8.3 of the Takeover Code.
On June 10, 2024, Vanguard disclosed owning and controlling 40,877,000 shares of International Paper's common stock, amounting to 11.77% of the company's relevant securities. Additionally, Vanguard clarified that no cash-settled or stock-settled derivatives were involved.
Significant transactions were recorded with Vanguard purchasing 5,215 shares at 44.79 USD each and selling 2,355 shares at the same price. No other dealings or derivative transactions were reported, nor were there any agreements, arrangements, or understandings related to options or derivatives disclosed.
This disclosure also includes Smith (DS) plc, indicating that Vanguard is making additional related disclosures. No supplemental Form 8 was attached.
R. H.
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