The Vanguard Group's Position in International Paper Co

On August 27, 2024, The Vanguard Group, Inc. disclosed its position in International Paper Company. The information forms part of the public opening position disclosure in compliance with Rule 8.3 of the Takeover Code.

The disclosure, filed under Form 8.3, revealed The Vanguard Group's interest and short positions. Specifically, Vanguard holds 40,839,662 common stock shares in International Paper, constituting 11.76% of the company’s total shares.

Transactions conducted by Vanguard include the purchase of 10,651 common stock shares at USD 48.66 per unit and the sale of 11,229 shares at the same price on August 26, 2024. No other dealings or derivative positions were reported.

The disclosure further stated that there were no indemnity or option arrangements, nor agreements related to voting rights or future acquisitions, tied to the disclosed securities.