The Vanguard Group, Inc. Discloses Significant Holding in American Axle & Manufacturing

The Vanguard Group, Inc. has released a Form 8.3, announcing a significant position in American Axle & Manufacturing Holdings, Inc (AAM). As of May 12, 2025, Vanguard reported holding 12,876,597 common USD 0.01 shares of AAM, representing 10.95% of the company's relevant securities. This disclosure is in accordance with Rule 8.3 of the Takeover Code, necessitating public opening position disclosures by entities with a 1% or greater interest in relevant securities.

Additionally, Vanguard documented the purchase of 1,839 shares at $4.59 per unit. The report clarifies that no cash-settled or stock-settled derivative transactions related to AAM were undertaken, and no agreements or understandings exist regarding future acquisitions or disposals of AAM shares. No indemnities or other arrangement incentives were reported either.