on The Vanguard Group, Inc. (isin : US12572Q1058)
Vanguard's Position in American Axle & Manufacturing Disclosed
The Vanguard Group, Inc. has disclosed its position in American Axle & Manufacturing Holdings, Inc. as part of a public opening position disclosure under Rule 8.3 of the Takeover Code. As of July 22, 2025, Vanguard holds 9,790,158 shares of American Axle, representing an 8.33% interest in the company's USD 0.01 common stock.
Despite this significant stake, Vanguard reported no cash-settled or stock-settled derivatives related to these securities. The disclosure also shows a recent trading activity including a purchase of 513 shares and a sale of 9,438 shares at a price of 4.68 USD per unit.
The announcement clarifies that there are no indemnity agreements or arrangements concerning dealing inducements. Additionally, no agreements regarding voting rights or future dealings in derivatives are present. This transparency is essential as it complies with the Code's requirements for firms with significant holding interests.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all The Vanguard Group, Inc. news