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The Vanguard Group's Position in International Paper Company Revealed

The Vanguard Group, Inc. disclosed its significant position in the International Paper Company, publishing a Form 8.3 on February 3, 2025. Vanguard owns and controls 44,046,098 shares, representing 12.68% of International Paper's common stock. This declaration is in line with the requirements of Rule 8.3 of the Takeover Code.

The report, dated January 31, 2025, also reveals that Vanguard has engaged in multiple transactions involving the purchase and sale of these shares. This includes significant purchases ranging from 1,359,310 shares at $55.63 each to 796,678 shares at $56.42 each, alongside a minor sale of 10,198 shares.

No indemnity agreements, options, or future acquisition arrangements related to these holdings were reported. Vanguard's involvement in additional disclosures regarding Smith (DS) plc was also noted.

R. P.

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