The Vanguard Group, Inc. Discloses Stake in International Paper Company

The Vanguard Group, Inc. recently disclosed key information related to its stake in International Paper Company. As per the Form 8.3 submitted under Rule 8.3 of the Takeover Code, Vanguard holds interests representing 11.87% of the common stock in the company, equivalent to 41,241,656 shares. This disclosure, filed on January 6, 2025, reflects the position as of January 3, 2025.

In addition to International Paper Company, Vanguard reports disclosure against Smith (DS) plc. In recent transactions, Vanguard purchased 22,977 shares at $52.85 per unit and sold 2,151 shares at the same price. The disclosure does not indicate any cash-settled derivatives or stock-settled derivatives positions.

No indemnity or other deal arrangements were reported, and no agreements or understandings related to options or derivatives were outlined.