BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

Vanguard Group Discloses Stake in International Paper Company

The Vanguard Group, Inc. has made a disclosure regarding its interests in the International Paper Company. As per the Form 8.3 filing dated 23 July 2024, Vanguard holds significant interests and short positions in the relevant securities.

Vanguard Group reports holding 40,741,294 shares, constituting 11.73% of International Paper Company's common stock. This filing is in accordance with Rule 8.3 of the Takeover Code, aimed at providing transparency in securities dealings.

Additionally, the disclosure mentions Vanguard's dealings in International Paper's common stock. On 22 July 2024, Vanguard purchased 18,381 shares at $46.49 per unit and sold 14,540 shares at the same price. No cash or stock-settled derivative positions have been reported.

The document further clarifies that there are no indemnity or other formal agreements related to these securities. No Supplemental Form 8 (Open Positions) is attached to this disclosure.

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