The Vanguard Group Discloses Stake in International Paper Company

The Vanguard Group, Inc. has released a Form 8.3 disclosure concerning its stake in the International Paper Company. As of December 31, 2024, Vanguard owns 41,194,965 common stock shares of the company, representing an 11.86% interest. This disclosure is in compliance with Rule 8.3 of the Takeover Code, which mandates disclosure when a person's stake in relevant securities reaches or exceeds 1%.

The declaration includes details of recent transactions involving International Paper's common stock. Vanguard acquired 15,980 shares at a unit price of $53.82 and sold 4,619 shares at the same price. There are no cash-settled or stock-settled derivatives nor any indemnity or option agreements associated with this disclosure.

No other parties to the offer are linked to this disclosure. It also confirms no agreements or arrangements concerning options or derivatives relating to voting rights or future acquisitions or disposals.