on The Vanguard Group, Inc. (isin : US12572Q1058)
Vanguard Group Announces Stake in Smith (DS) plc Amid Acquisition Activity
The Vanguard Group, Inc. has disclosed its substantial holdings in Smith (DS) plc, as detailed in their recent Form 8.3 filing with a 4.48% ownership, equating to 61,745,261 shares. This disclosure is part of compliance under the Takeover Code, particularly Rule 8.3, relevant to entities with interests in securities representing 1% or more.
According to the filing, the transactions occurred close to the date of reporting, with purchases and sales of Smith (DS) plc shares on 26 April 2024 at a price of 3.40 GBP each. This reporting is concurrent with disclosure requirements amid the takeover context involving International Paper Co., highlighting the active and strategic market engagements by Vanguard.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all The Vanguard Group, Inc. news