on The Vanguard Group, Inc. (isin : US12572Q1058)
Vanguard Discloses Stake in International Paper Company
The Vanguard Group, Inc. has publicly declared its stakes in International Paper Company under Form 8.3, adhering to Takeover Code rule 8.3. In a recent disclosure, Vanguard confirmed ownership of 40,649,765 shares in the International Paper Company, representing an 11.70% stake. Vanguard's financial involvement with International Paper persists amidst other dealings, including with entities such as Mondi plc and Smith (DS) plc.
On 16 April 2024, the firm also reported other market activities. Notably, Vanguard purchased an additional 10,100 shares and sold 1,199 shares of International Paper at a price of $35.91 per unit. These transactions reflect the ongoing adjustments in their investment portfolio concerning International Paper.
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