The Vanguard Group Discloses Stake in International Paper Company

The Vanguard Group, Inc. has filed a Form 8.3 disclosing its position in the International Paper Company. The disclosure, required under Rule 8.3 of the UK Takeover Code, details Vanguard's interests in relevant securities representing over 1% in the company, dated as of December 11, 2024.

Vanguard reported ownership of 41,129,005 common stock shares, representing 11.84% of International Paper Company. The filing clarifies that no cash-settled or stock-settled derivatives or agreements to buy or sell relevant securities are currently held. The form also notes interactions with Smith (DS) plc.

Recent transactions include the purchase of 10,747 shares at $54.52 each and the sale of 470 shares at the same price. The filing confirms the absence of any new statutory instruments or informal agreements that could influence dealings.