Vanguard Group Maintains 13.0% Stake in International Paper Co.

TL;DR

**Vanguard still owns 13.0% of International Paper, showing continued confidence.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, disclosing its ownership in International Paper Co. As of December 29, 2023, Vanguard beneficially owned 46,014,610 shares of International Paper's Common Stock, representing 13.0% of the company. This filing indicates Vanguard's continued significant passive investment in International Paper, which is important for investors as large institutional holdings can provide stability and signal confidence in the company's long-term prospects.

Why It Matters

This filing confirms Vanguard's substantial, albeit passive, ownership in International Paper, which can influence stock stability and investor confidence due to the sheer size of Vanguard's investment.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate risks or significant changes in company control.

Analyst Insight

A smart investor would note Vanguard's continued significant, passive stake as a sign of long-term institutional confidence, but recognize this filing doesn't suggest any immediate catalysts for price movement.

Key Numbers

• 46,014,610 — Shares Beneficially Owned (Represents the total number of International Paper Common Stock shares held by The Vanguard Group as of December 29, 2023.)
• 13.0% — Percentage of Class (Indicates The Vanguard Group's significant ownership stake in International Paper Co., signaling a major institutional investment.)
• February 13, 2024 — Filing Date (The date this amended SC 13G/A was filed, providing the most recent public disclosure of Vanguard's holdings.)
• December 29, 2023 — Event Date (The specific date on which the reported ownership percentage was calculated, giving a precise snapshot of Vanguard's position.)

Key Players & Entities

• The Vanguard Group (company) — the reporting person and beneficial owner of shares
• International Paper Co (company) — the issuer of the securities
• 46,014,610 (dollar_amount) — number of shares beneficially owned by Vanguard
• 13.0% (dollar_amount) — percentage of class beneficially owned by Vanguard
• December 29, 2023 (date) — date of the event requiring the filing

Forward-Looking Statements

• Vanguard will likely maintain a significant, passive stake in International Paper Co. for the foreseeable future. (The Vanguard Group) — high confidence, target: 2025-12-31
• International Paper Co.'s stock price will likely experience stability due to large institutional ownership. (International Paper Co.) — medium confidence, target: 2024-12-31

FAQ

Filing Documents

• tv0081-internationalpaperco.htm (SC 13G/A) — 11KB
• 0001104659-24-020073.txt ( ) — 13KB

(a) - Name of Issuer

Item 1(a) - Name of Issuer: International Paper Co

(b) - Address of Issuer's Principal Executive Offices

Item 1(b) - Address of Issuer's Principal Executive Offices: 6400 Poplar Avenue Memphis, TN 38197-0100

(a) - Name of Person Filing

Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930

(b) – Address of Principal Business Office or, if none, residence

Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355

(c) – Citizenship

Item 2(c) – Citizenship: Pennsylvania

(d) - Title of Class of Securities

Item 2(d) - Title of Class of Securities: Common Stock

(e) - CUSIP Number

Item 2(e) - CUSIP Number 460146103

- Type of Filing

Item 3 - Type of Filing: This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).

- Ownership

Item 4 - Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: (ii) shared power to vote or direct to vote: (iii) sole power to dispose of or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: Comments: The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.

- Ownership of Five Percent or Less of a Class

Item 5 - Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following

- Ownership of More Than Five Percent on Behalf of Another Person

Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%. Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable

- Identification and Classification of Members of Group

Item 8 - Identification and Classification of Members of Group: Not applicable

- Notice of Dissolution of Group

Item 9 - Notice of Dissolution of Group: Not applicable

- Certification

Item 10 - Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2024 By /s/ Ashley Grim Name: Ashley Grim Title: Head of Global Fund Administration

View Full Filing

View this SC 13G/A filing on SEC EDGAR