The Vanguard Group, Inc. Discloses Position in International Paper Company

The Vanguard Group, Inc. has filed a Form 8.3 regarding its position in International Paper Company. As of October 17, 2024, Vanguard holds 11.78% in common stock, amounting to 40,908,315 shares. This disclosure aligns with Rule 8.3 of the Takeover Code, which pertains to individuals with interests exceeding 1% in relevant securities.

Vanguard has reported both acquisitions and disposals involving common stock. Specifically, Vanguard purchased 7,462 shares and sold 2,114 shares at a price of 46.63 USD per unit. The disclosure confirms no new rights to subscribe to securities and no indemnity or other dealing arrangements are in place.

The announcement also notes disclosures about Smith (DS) plc alongside International Paper Company. Vanguard indicates no accompanying Supplemental Form 8 for open positions.