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.