The Vanguard Group Discloses Stake in International Paper Company

The Vanguard Group, Inc. has publicized its holding of relevant securities in the International Paper Company as per Rule 8.3 of the UK Takeover Code. The disclosure, dated January 28, 2025, reveals an ownership of 41,393,178 common stock shares, which represents an 11.92% interest. This information is critical as it surpasses the 1% threshold, necessitating public disclosure.

The Group also reported transactions involving 5,981 common stock shares purchased at $59.12 each, alongside the sale of 126 shares at the same price. No open positions or other dealings such as indemnity arrangements or agreements regarding voting rights were disclosed, indicating a straightforward stake in the company. Furthermore, The Vanguard Group has also disclosed meanings related to Smith (DS) plc.