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

The Vanguard Group, Inc. has released its Form 8.3 disclosure regarding its stake in International Paper Company. The document, dated July 16, 2024, details positions and transactions relevant to its investment, as required by Rule 8.3 of the Takeover Code.

The disclosure identifies The Vanguard Group, Inc. as the holder of interests in International Paper Company’s common stock amounting to 40,708,309 shares, representing an 11.72% stake. These positions are as of July 15, 2024. Recent transactions include the purchase of 13,028 shares at $44.14 per unit and the sale of 476 shares at the same price per unit.

No cash-settled or stock-settled derivatives positions were reported. The disclosure also stated that there are no indemnity agreements or other arrangements influencing these securities.

R. H.

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