BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

Vanguard Group Discloses Stake in International Paper Company

The Vanguard Group, Inc. has released a disclosure form under Rule 8.3 of the Takeover Code. This document reveals the company's significant positions in the securities of International Paper Company. Vanguard reports owning 40,935,077 common stocks, which constitutes an 11.79% stake in the firm as of October 30, 2024.

Additionally, Vanguard disclosed transactions involving purchases and sales of International Paper Company's common stocks. They purchased 10,319 shares and sold 1,966 shares, both at a price of $49.03 per share. This activity indicates active management of Vanguard's substantial investment in the company.

The disclosure also states that there are no arrangements or agreements related to securities options or derivatives, and no supplemental form was attached. The disclosure was finalized on October 31, 2024.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all The Vanguard Group, Inc. news