Vanguard Group Inc. Reports Holdings in International Paper Co

The Vanguard Group, Inc. disclosed its position in International Paper Company as of April 25, 2024, revealing holdings amounting to 11.71% of the company's common stock. This position, totaling 40,680,735 shares, was reported under the requirements of Rule 8.3 of the Takeover Code, which concerns parties with interests in securities of 1% or more.

Vanguard also reported recent transactions involving International Paper's stock, with purchases and sales recorded on the previous day. The firm purchased 1,973 shares and sold 5,035 shares, each transaction priced at 33.52 USD per common stock unit. No derivatives or other securities were involved in transactions as per the disclosure.

Additionally, the disclosure reports on dealings related to another entity, DS Smith Plc, suggesting Vanguard's active participation in multiple fronts. This showcases the investment manager's strategic adjustments in its portfolio positions amid market changes.