Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has released its Form 8.3 disclosure regarding its interests in International Paper Company. As of September 23, 2024, Vanguard holds a significant position, owning and controlling 41,044,930 shares, representing 11.82% of the common stock.

In addition to this major holding, Vanguard engaged in transactions on September 23, 2024. The group purchased 94,811 shares at a price of $48.45 per share and sold 42,627 shares at the same price.

No cash-settled or stock-settled derivative positions have been reported in this disclosure. Vanguard has not entered into any indemnity, option arrangements, or agreements related to the voting rights of these securities.

This disclosure also includes additional involvement with Smith (DS) plc in the context of the International Paper Company offer. No supplemental Form 8 (Open Positions) was attached.