SCHEDULE 13G/A: BlackRock Amends Stake in International Paper, Discloses 7.8% Passive Ownership

Sentiment:

Ownership Disclosure


BlackRock, Inc. has filed an amendment to its Schedule 13G, confirming its passive beneficial ownership of 7.8% of International Paper Company's common stock as of March 31, 2025.

Summary

  • BlackRock, Inc. reported beneficial ownership of 41,011,898 shares of International Paper Company's common stock.
  • This represents 7.8% of the total outstanding common shares of International Paper Company.
  • BlackRock holds sole voting power over 38,232,389 shares and sole dispositive power over all 41,011,898 shares.
  • The filing is an Amendment No. 3 to a Schedule 13G, indicating a routine update to a previously disclosed passive investment.
  • BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of International Paper Company.

Sentiment

Score: 5

Explanation: The document is a factual, routine ownership disclosure with no inherent positive or negative sentiment regarding the issuer's performance or outlook. It simply reports a passive stake.

Positives

  • The continued significant stake by a major institutional investor like BlackRock (7.8%) may signal confidence in International Paper's long-term prospects.
  • The passive nature of the investment, as certified by BlackRock, indicates that the shares are not held for control purposes, which can provide stability for the issuer.

Future Outlook

This document is a disclosure of ownership and does not contain forward-looking statements or guidance regarding International Paper Company's business or financial performance.

Industry Context

This filing is a routine disclosure by a major asset manager, BlackRock, regarding its passive investment in a publicly traded company, International Paper. Such filings are common for large institutional investors who hold significant stakes in numerous companies as part of their diversified portfolios and client mandates.

Stakeholder Impact

  • Shareholders of International Paper Company are informed of BlackRock's significant, passive stake, which may be viewed as a stable institutional holding.
  • BlackRock's clients are indirectly impacted as their investments are managed through these holdings.

Next Steps

  • BlackRock, Inc. will continue to monitor its beneficial ownership in International Paper Company and file further amendments to Schedule 13G as required by SEC regulations.

Key Dates

DateDescription
2023-04-30Date of the previously revoked Power of Attorney for BlackRock, Inc.
2025-01-21Effective date of the new Power of Attorney for BlackRock, Inc.
2025-03-31Date of event which required the filing of this statement (reporting period end date).
2025-04-17Date the Schedule 13G Amendment No. 3 was signed and filed.

Keywords

International Paper Company, BlackRock, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing

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