The Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has released a Form 8.3 to disclose its position in the International Paper Company. As of December 13, 2024, Vanguard owns and controls 41,309,816 shares of common stock, representing 11.89% of the total. This disclosure follows Rule 8.3 of the Takeover Code, requiring entities with significant interests in relevant securities to make their positions known.

The document notes several key transactions, including the purchase of 142,794 shares at $55.54 per share, among others. There are no cash-settled or stock-settled derivatives related to these positions. Vanguard did not report any indemnity or other dealing arrangements connected to these interests, confirming there are no such formal or informal agreements in place.