The Vanguard Group Discloses Stake in International Paper Company

The Vanguard Group, Inc. has submitted a Form 8.3 related to its interests in the International Paper Company. This disclosure is in line with Rule 8.3 of the Takeover Code, mandating individuals holding 1% or more in relevant securities to disclose their positions. As of December 30, 2024, Vanguard holds 11.86% of common stock in International Paper, amounting to 41,183,604 shares.

The disclosure also mentions interests related to Smith (DS) plc. Recent transactions include the purchase of 16,893 shares and the sale of 4,290 shares, both at $53.65 per unit. No involvement in cash-settled or stock-settled derivatives and no auxiliary agreements, indemnities, or understandings were reported.