Vanguard Group Discloses Position in International Paper

The Vanguard Group, Inc. has filed a Form 8.3 disclosure regarding its stake in International Paper Company, a move significant for those tracking investment interests. As per the filing, Vanguard holds 11.88% of common stock, amounting to 41,260,102 shares of the company as of January 6, 2025. This disclosure aligns with the requirements of Rule 8.3 of the Takeover Code, applicable when a stakeholder's holding surpasses 1%.

Furthermore, Vanguard engaged in notable transactions, purchasing 22,418 shares and selling 3,972 shares of International Paper’s common stock at a price of 53.50 USD per share. No engagements in cash or stock-settled derivatives were reported, and no new securities subscription rights were disclosed. Importantly, Vanguard indicates no agreements or understandings related to options or derivatives.