Vanguard Group Announces Ownership in BHP Group Limited

The Vanguard Group, Inc. disclosed its substantial ownership in BHP Group Limited, revealing a total interest of 276,501,447 shares, which equates to approximately 5.45% of the company. This position was reported as part of a regulatory requirement that mandates disclosure by entities holding at least 1% of a company's shares. The announcement, dated 25 April 2024, came under the oversight of the Takeover Code, specifically Rule 8.3.

The disclosure highlighted that Vanguard also holds interests in another entity involved in this context, Anglo American plc, indicating a broader strategy regarding investments in large mining operations. Vanguard's disclosure as a significant shareholder in BHP Group serves as a straightforward compliance to the rules governing financial disclosures and positions related to potential corporate mergers or acquisitions.