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The Vanguard Group Discloses Stake in International Paper Company

The Vanguard Group, Inc. has revealed its position in International Paper Company through a Form 8.3 disclosure. This document indicates Vanguard's interests in securities representing more than 1% as per Rule 8.3 of the Takeover Code.

The disclosure lists International Paper Company as the primary entity related to these securities. As of January 2, 2025, Vanguard holds 41,220,830 shares, representing an 11.87% stake in the common stock of the company. This positions Vanguard as a significant stakeholder.

Apart from International Paper Company, Vanguard is also making disclosures concerning Smith (DS) plc. Notably, their recent transactions include purchasing 25,928 shares and selling 63 shares of common stock at a price of 53.16 USD each. The disclosure states no further derivative dealings or related agreements.

R. H.

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