The Vanguard Group Discloses Stake in Quanex Building Products Corporation

The Vanguard Group, Inc. has reported a significant holding in Quanex Building Products Corporation through a public opening position disclosure. As of May 9, 2024, The Vanguard Group holds 3,715,449 shares, representing an 11.22% ownership stake. The disclosure complies with Rule 8.3 of the Takeover Code, applicable when an entity possesses interests in securities representing 1% or more.

The recent trading data included in the disclosure indicated one transaction involving the sale of 838 shares at a price of 34.93 USD each. There were no other reported dealings in stock-settled derivatives or any cash-settled derivative transactions. Additionally, there were no reported agreements, arrangements, or understandings relating to voting rights or future acquisitions pertaining to the securities held.