The Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has disclosed its interest in the relevant securities of International Paper Company as per the requirements of Rule 8.3 of the Takeover Code. The firm owns and controls 41,012,721 shares, representing 11.81% of International Paper Company's common stock.

The disclosure covers the period up to September 16, 2024. In addition to the shares owned, the report states that there are no cash-settled derivatives or stock-settled derivatives, including options, associated with these holdings.

The transactions included in the report detail a purchase of 110,405 shares and a sale of 3,074 shares at a price of $49.83 per unit. The disclosures reveal no additional agreements, arrangements, or understandings that would influence the voting rights or future transactions of these securities.

According to the filing, there are no indemnity arrangements or other inducements to deal with the securities between Vanguard and any other party involved in the offer. Supplemental Form 8, detailing any open stock-settled derivative positions, was not required for this disclosure.