Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has released a Form 8.3, disclosing its position in the International Paper Company. As of December 6, 2024, Vanguard holds 41,130,484 common stock, representing 11.84% of the company's securities. This disclosure is in compliance with the Rule 8.3 of the Takeover Code. Moreover, the disclosure also includes details related to Smith (DS) plc.

The dealings reported by Vanguard include significant transactions involving common stock. On the purchasing front, 18,093 units were acquired at a price of $56.57 per unit, followed by another batch of 12,976 units at $56.78 per unit. Concurrently, 8,513 units were sold at $56.78 per unit. The dealings suggest a strategic financial maneuvering by Vanguard, highlighting its trading activities in International Paper. No engagements in derivatives or options have been noted.