on The Vanguard Group, Inc. (isin : US12572Q1058)
Vanguard Group Discloses Ownership in Quanex Building Products Corp
The Vanguard Group, Inc. has declared its position in Quanex Building Products Corporation, as per the latest regulatory filing. As of May 14, 2024, the investment management firm holds a total of 3,714,765 shares which represent an 11.22% ownership in the company. This information was detailed in a disclosure form required by Rule 8.3 of the Takeover Code.
In addition to their holdings in Quanex, the disclosure also mentions dealings with Tyman plc, suggesting activities around other entities as part of the firm's broader investment strategy. In recent transactions, Vanguard executed trades involving purchase and sale of Quanex shares at the price of $34.90 each, including 283 bought and 198 sold on undisclosed dates.
The filing also indicates that there are currently no agreements, arrangements, or understandings regarding indemnity, dealing arrangements, or voting rights that could influence Vanguard's dealing decisions concerning the disclosed securities.
R. P.
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