on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group Discloses Position in American Axle & Manufacturing Holdings
The Vanguard Group, Inc. has filed a Form 8.3 related to its position in American Axle & Manufacturing Holdings, Inc. The disclosure reveals that Vanguard holds interests in 12,859,836 common shares, representing a 10.94% stake. This form is part of the regulatory requirements under Rule 8.3 of the Takeover Code, applicable to those with interests in 1% or more of relevant securities.
Vanguard's report shows no engagement in cash-settled or stock-settled derivatives involving American Axle. The disclosure also details a recent transaction, recording the purchase of 648 shares and sale of 4,395 shares at a price of $4.46 per unit. There are no indemnity agreements, options, or derivatives arrangements with other parties noted in the form.
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