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

The Vanguard Group, Inc. has made a public opening position disclosure of their interests in International Paper Company through Form 8.3. The disclosure indicates holdings in relevant securities representing 1% or more, as defined by Rule 8.3 of the Takeover Code.

As of July 24, 2024, Vanguard controls 40,733,316 shares of common stock in International Paper Company, which equates to an 11.73% stake. Additionally, Vanguard has disclosed further dealings, including the purchase of 6,625 shares at $46.28 each and the sale of 11,770 shares at the same price.

No cash-settled or stock-settled derivatives, rights to subscribe for new securities, or other relevant dealing activities were reported. Furthermore, Vanguard confirmed no indemnity or option arrangements, and no agreements relating to voting rights for the relevant securities exist.