The Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has made a public disclosure of its opening position in International Paper Company. As per Rule 8.3 of the Takeover Code, the disclosure reveals Vanguard's interest in relevant securities representing more than 1% of International Paper Company.

The details disclose Vanguard holding 40,943,239 shares of common stock in International Paper, equating to 11.79% of the company's outstanding shares as of October 24, 2024. Additionally, Vanguard participated in transactions involving purchasing 13,279 shares and selling 3,031 shares of International Paper at a price of 48.64 USD per unit.

The disclosure highlights Vanguard's transparency in reporting significant interests and transactions related to International Paper Company, with no agreements or arrangements relating to indemnity, options, or derivatives reported at this time.