The Vanguard Group Discloses Interests in International Paper Company

The Vanguard Group, Inc. has announced its substantial interest in the securities of International Paper Company, as part of Form 8.3 disclosure requirements under the Takeover Code. The disclosure reveals that The Vanguard Group holds 40,941,677 shares, which amounts to 11.79% of International Paper Company's common stock, as of October 31, 2024.

Additionally, the disclosure notes dealings on November 1, 2024, involving a purchase of 25,686 shares and the sale of 19,086 shares of common stock, both valued at $55.54 per unit. No cash-settled or stock-settled derivative transactions were reported, and there are no agreements, arrangements, or understandings related to options or derivatives.

This announcement is part of the required public disclosures by entities holding significant interests in securities, aimed at ensuring transparency and fairness in financial markets.