Vanguard Discloses Position in BHP Group Limited Under Takeover Code

The Vanguard Group, Inc. has disclosed its position in BHP Group Limited, informed by Rule 8.3 of the Takeover Code, which addresses entities holding interests of 1% or more in relevant securities. As of May 9, 2024, The Vanguard Group reported controlling directly 277,579,333 shares of BHP Group, equating to a 5.47% ownership interest.

The recent transactions included purchases and sales of BHP Group’s ordinary securities. Specifically, Vanguard purchased 43,790 shares in several transactions with prices ranging from 43.06 to 43.30 AUD, and sold 56,699 shares at similar prices. These dealings reflect Vanguard's active management of its investment in BHP Group, aligning with market movements and investment strategies.