Vanguard Discloses Holdings in Quanex Building Products Corporation

The Vanguard Group, Inc. has released a form under Rule 8.3 of the Takeover Code, outlining its substantial holdings in Quanex Building Products Corporation as of 15 May 2024. According to the disclosure, Vanguard holds 3,715,501 shares, which constitutes 11.22% of the company. This position reflects both interests and short positions in the common class of securities. Additionally, Vanguard reported recent transactions involving the purchase of 807 shares and the sale of 71 shares, each transacted at a price of 34.67 USD per unit.

The report also involves dealings related to Tyman plc, indicating Vanguard's active participation in securities for more than one entity under the current takeover code. No derivative transactions or related agreements were disclosed in this filing. The form highlights the absence of any indemnity or dealing arrangements related to the securities of Quanex, reinforcing the transparency of this financial disclosure.