Vanguard Discloses Stake in BHP Group Limited

The Vanguard Group, Inc., a prominent investment management firm, has reported a significant ownership in BHP Group Limited. According to a public filing on April 29, 2024, Vanguard holds 276,621,233 shares, representing 5.45% of the mining company. This disclosure aligns with the regulations of Rule 8.3 of the Takeover Code, indicating a substantial interest in BHP's securities.

Additionally, the document noted transactions involving BHP Group Limited shares, with Vanguard purchasing 67,898 shares at 43.15 AUD and 51,888 shares at 43.60 AUD. The report also confirms that Vanguard has engagements with Anglo American plc, another major player in the mining sector. Furthermore, the disclosure stated no involvement in derivative transactions or other dealing arrangements that would otherwise influence the firm's positions.