Vanguard Group Increases Stake in Anglo American plc

The Vanguard Group, Inc. disclosed a significant increase in their holdings of Anglo American plc, according to their latest Form 8.3 filing with regulatory authorities. As of April 29, 2024, The Vanguard Group owns a total of 58,370,231 shares, representing 4.36% of the company. This position reflects an increase, as evidenced by a recent purchase of 17,808 shares at a price of 27.50 GBP per share.

Additionally, The Vanguard Group reported having interests in another major player in the industry, BHP Group Limited, suggesting a broader strategy of investment in the mining and materials sector. The form also noted that no stock-settled derivatives or other rights to purchase new securities were disclosed at this time. The Group stated that there are no indemnity or dealing arrangements related to this holding, emphasizing the transparency and straightforwardness of the transaction.