The Vanguard Group, Inc. Discloses Position in American Axle & Manufacturing Holdings

The Vanguard Group, Inc. has filed a Form 8.3 disclosure revealing its substantial interest in American Axle & Manufacturing Holdings, Inc. As per the filing, dated May 14, 2025, Vanguard holds 12,871,746 common shares, representing a 10.95% stake in the company. This disclosure complies with Rule 8.3 of the Takeover Code, which mandates transparency for entities holding 1% or more of relevant securities in a company, especially amid potential takeover situations.

The document also mentions dealings surrounding the USD 0.01 common shares of American Axle. Notably, Vanguard purchased 16,503 shares at a price of 4.72 USD, and subsequently sold 22,289 shares at 4.71 USD. No positions in derivatives or additional agreements influencing voting rights were reported, indicating a straightforward transaction intent. Furthermore, the disclosure includes Vanguard's interests concerning Dowlais Group plc, although further specifics were not provided.