on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group, Inc. Discloses Stake in Quanex Building Products Corporation
The Vanguard Group, Inc. has submitted a Form 8.3 disclosure pursuant to Rule 8.3 of the Takeover Code. The form reveals a significant stake in Quanex Building Products Corporation, amounting to 11.22% of the company’s common stock, translating to 3,715,221 shares.
The disclosure also notes that The Vanguard Group, Inc. has dealt in additional securities related to Quanex, with recent transactions including the purchase of 114 shares at $32.50 per share and the sale of 142 shares at the same price. No positions or rights to subscribe for new securities were mentioned in the report.
Additionally, The Vanguard Group, Inc. acknowledges interest in another party to the offer, Tyman plc, but provides no specific details in this disclosure. There are no indemnity, options, or other dealing arrangements, and there are no further agreements related to options or derivatives stated.
R. H.
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