Vanguard Group Reports Stake in International Paper Company

The Vanguard Group, Inc. has disclosed its ownership position in International Paper Company, as per the regulatory requirement under Form 8.3. As of March 27, 2024, Vanguard holds an 11.73% interest in International Paper through common stocks, amounting to 40,585,876 shares. This significant stake makes Vanguard a major shareholder in the company, providing it with a substantial amount of influence over corporate decisions.

In addition to its holdings in International Paper, Vanguard also disclosed its dealings with other entities, including Mondi plc and Smith (DS) plc. On the transaction front, Vanguard engaged in both purchasing and selling activities involving International Paper’s common stock. Specifically, they purchased 7,992 shares and sold 7,200 shares, each transaction priced at 39.39 USD per share. These transactions indicate active management of their investment in International Paper.

The disclosure provided by Vanguard does not indicate any indemnity, option arrangements, or agreements relating to the disclosed securities that could serve as an inducement to deal or refrain from dealing. Also, no supplemental form for open stock-settled derivative positions is attached to the disclosure.