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The Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc., an investment management company, has made a public disclosure regarding its interests in International Paper Company. As per Rule 8.3 of the Takeover Code, the company has declared a significant position in the relevant securities, owning and controlling 40,891,980 common stocks, which constitutes 11.77% of the total.

The disclosure details transactions dated 04 October 2024, including the purchase of 29,566 common stocks and the sale of 17,655, both at a price of 48.53 USD per unit. No cash or stock-settled derivatives were referenced in additional dealings. Furthermore, there are no indemnities, agreements, or arrangements related to securities that could impact dealings or decisions.

Vanguard also confirms disclosure interests concerning another party, Smith (DS) plc. This transaction information underscores Vanguard's substantial involvement in International Paper Company amidst ongoing market activities.

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