Vanguard Group Inc. Discloses Position in International Paper Company

The Vanguard Group, Inc. has publicly disclosed its significant shareholding in International Paper Company through the required regulatory Form 8.3. This form is related to parties holding interests in securities that comprise 1% or more of the share capital. As of May 14, 2024, Vanguard reported owning 40,751,423 shares, representing an 11.73% interest in International Paper Company. These holdings reflect both direct ownership and control of the shares.

Furthermore, Vanguard disclosed trading activities involving International Paper Company's common stock. The recent transactions reported on May 15, 2024, included the purchase of 4,812 shares and the sale of 2,120 shares, with both operations priced at 39.85 USD per share.

The form also noted that Vanguard is making disclosures concerning another party involved in the offer, identified as Smith (DS) plc. The dealings documented underline the ongoing adjustments and engagements Vanguard maintains within its investment portfolio, specifically with International Paper Company and other related entities.