Vanguard Group Discloses Stake in BHP Group Limited

The Vanguard Group, Inc. has officially disclosed holding a stake in BHP Group Limited, a global resources company. As of May 2, 2024, The Vanguard Group possesses 277,231,627 shares of BHP Group, translating to a 5.47% ownership interest. This disclosure aligns with Rule 8.3 of the Takeover Code requiring public declarations from any entity holding over 1% in relevant securities.

In addition to BHP Group Limited, The Vanguard Group is also disclosing positions in Anglo American plc, indicating broader interests within the mining and resources sector. Specific trading activities included recent purchases of BHP shares on the Australian market, with significant transactions recorded at prices ranging from 42.33 AUD to 42.48 AUD.

This move by Vanguard not only reaffirms their investment strategies in significant global markets but also emphasizes the scale of their activities in key industry sectors. No additional rights, options, or stock-settled derivatives were reported alongside these holdings.