The Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has released its Form 8.3 concerning its stake in International Paper Company. As of December 23, 2024, Vanguard holds approximately 11.83% interest in the common stock of International Paper, amounting to 41,097,591 shares. This disclosure adheres to Rule 8.3 of the Takeover Code, which requires transparency from entities with significant holdings in relevant securities.

Additionally, the disclosure notes that Vanguard is also making relevant disclosures concerning Smith (DS) plc. Furthermore, the document shows recent trades involving International Paper's common stock, with purchases of 25,374 shares and sales of 6,655 shares at USD 54.49 per unit.

No agreements or arrangements influencing options, derivatives, or voting rights have been reported by Vanguard in this disclosure. The provided details imply that there are no open stock-settled derivative positions or involvement in other parties' offers, aside from the aforementioned entities.