The Vanguard Group, Inc. Reports Interest in BHP Group Limited

The Vanguard Group, Inc. disclosed their recent financial position in BHP Group Limited as of 16 May 2024. Holding an impressive 5.48% in shares, which translates to 278,102,647 units, Vanguard has established a significant stake. This information adheres to Rule 8.3 of the Takeover Code, which mandates the announcement when any entity acquires more than 1% interest in a company involved in specific corporate transactions.

In a separate but related disclosure, Vanguard also reported transactions involving Anglo American plc, indicating a broader strategic presence in the mining sector. Alongside this, a direct purchase of 28,527 BHP Group Limited shares at a price of 44.70 AUD each was executed, further mapping out Vanguard’s current activities in the market. Importantly, the firm has no open stock-settled derivatives or other relevant securities that are undisclosed.