on The Vanguard Group, Inc. (isin : US12572Q1058)
Vanguard Group Discloses Position in American Axle & Manufacturing Holdings
The Vanguard Group, Inc. has released a Form 8.3 disclosing its interest in the securities of American Axle & Manufacturing Holdings, Inc. This disclosure, dated 9th April 2025, reveals that Vanguard controls a notable 11.20% stake, totalling 13,165,865 shares, in this organization. The form also notes that Vanguard is engaged in disclosures related to Dowlais Group plc alongside American Axle.
Recent transactions include the purchase of 2,246 shares at $3.46 per unit and the sale of two tranches amounting to 6,920 shares at varying prices. Despite these transactions, there are no significant derivative positions or agreements affecting their holding in American Axle, as confirmed by the absence of any Supplemental Form 8.
This disclosure aligns with Rule 8.3 of the Takeover Code, requiring transparency from entities holding more than 1% of relevant securities in a firm during a takeover bid.
R. H.
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