Davidson Kempner Discloses Position in International Paper Company
![Davidson Kempner Discloses Position in International Paper Company](https://investorshangout.com/images/blog/ihnews-Davidson%20Kempner%20Discloses%20Position%20in%20International%20Paper%20Company.jpg)
Overview of Davidson Kempner's Position Disclosure
Davidson Kempner Capital Management LP has made a significant disclosure regarding its interest in International Paper Company. A public opening position disclosure is critical for transparency in market dealings, especially when the interests represented amount to 1% or more. This disclosure is conducted under Rule 8.3 of the Takeover Code, which underscores the importance of clear communication in financial markets.
Key Information
This report provides essential information regarding the positions held by Davidson Kempner. The full name of the disclosing entity is Davidson Kempner Capital Management LP, a recognized player in the financial management space.
Owner and Controller of Interests
No alternative controllers or owners are indicated in this disclosure, streamlining the focus solely on Davidson Kempner's holdings. The primary subject of the disclosure relates to the interests in International Paper Company, a prominent organization in the manufacturing sector.
Date of Position Held
The latest practical date for which the position is reported is indicated, revealing transparency in reporting timelines. This date verifies the accuracy and relevance of the interests disclosed, ensuring that stakeholders have the latest information available.
Positions of Davidson Kempner
The disclosure outlines the positions held by Davidson Kempner in relation to the relevant securities of International Paper Company. Notably, Davidson Kempner has reported ownership of 200,000 shares, which translates to approximately 0.06% of the relevant securities.
Short Positions
In contrast, the report highlights substantial short positions, amounting to over 2 million shares (approximately 0.61%). This dual approach indicates a nuanced strategy where Davidson Kempner is not only investing in shares but also strategically hedging its positions within the market.
Details of the Dealings
The next section outlines the recent dealings undertaken by Davidson Kempner. This includes transactions involving common stock, where several sales were completed. In total, 70,462 shares were sold at USD 48.2118, 89,950 shares at USD 48.3825, and 13,063 shares at USD 48.2394. Such transactions are indicative of an active investment strategy aimed at capitalizing on market fluctuations.
Insights into Cash-Settled Derivatives
While specifics on cash-settled derivatives were not disclosed, it's crucial to note that any active roles in derivatives may influence future positioning and overall strategy. This could indicate Davidson Kempner's adaptability and responsiveness to market dynamics.
Other Relevant Information
The disclosure also mentions agreements and arrangements that Davidson Kempner may have concerning its securities. No relevant arrangements or understandings were reported that would significantly influence its current position.
Contact Information
For stakeholders seeking further insights or clarification, the point of contact is Alex McMillan, who can be reached at 646 282 5805. This openness indicates a willingness to engage and clarify any uncertainties stakeholders may have related to the disclosed information.
Frequently Asked Questions
What is the purpose of this disclosure?
This disclosure aims to inform the market about Davidson Kempner's significant interests in International Paper Company, promoting transparency in financial dealings.
What positions does Davidson Kempner hold?
Davidson Kempner holds 200,000 shares in International Paper Company, amounting to 0.06% of the relevant securities.
What significant dealings have occurred recently?
Recent sales include over 70,000 shares sold at various prices, reflecting an active trading strategy.
Who can I contact for more information?
Contact Alex McMillan at 646 282 5805 for any inquiries regarding the disclosed information.
Are there any derivative transactions reported?
No detailed transactions regarding cash-settled or stock-settled derivatives were disclosed, but it suggests a comprehensive strategy to manage risk.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Related Articles
- Boussard & Gavaudan Investment Holding Update
- Boussard & Gavaudan Holding Limited: August Buyback Update
- Intel's Future: Exploring Foundry Division Options
- Walgreens Faces Lawsuit Over Misleading Financial Practices
- Evelyn Lee Joins EagleBank as Chief Lending Officer
- Evaluating Cryptocurrency Stocks: MARA and COIN
- Nvidia Reports Record Earnings and Stock Buyback Plan
- Understanding Voting Rights in Shell plc's Capital Structure
- Middlefield Canadian Income PCC Completes Share Buyback
- Proactis SA Financial Insights for the First Half of 2024
- Middlefield Canadian Income PCC Announces Voting Rights
- AUGA Group Reports Positive Growth in H1 2024 Financials
- Invalda INVL Group Reports Growth in 2024 Financials
- Exploring the Magnificent 7 Stocks for Retirement Success
- Navigating Family Finances After Loss
- Marcie Jastrow to Lead Innovative Panel at Film Festival
- Park Street A/S Reports Positive Progress in H1 2024
- Cargotec Corporation Engages in Share Repurchase
- ProVen Growth and Income VCT plc Shares Transaction Update
- Sword Group Reveals 2024 Interim Financial Report Details
- KBC Ancora Reports Strong Profit for 2023/2024 Financial Year
- Three Indicators to Claim Social Security at 62
- PRFoods Reports 2023/2024 Financial Performance
- Intel's Strategy Shifts Amid Stock Challenges
- Hargreave Hale AIM VCT PLC Announces Total Voting Rights
Recent Articles
- Total Shares and Voting Rights Update for Zealand Pharma
- Albion Venture Capital Trust Voting Rights Update
- Bybit's Analytics Report Reveals Crypto Market Insights
- SAIC Announces Cash Dividend for Shareholders
- DIH Establishes Haapsalu Rehabilitation Center of Excellence
- Ventyx Biosciences Welcomes Financial Leadership Transition
- Evolving Trends in the Automotive Market: Ford vs Rivian
- Range Resources Announces New Quarterly Dividend
- Exploring Investment Opportunities in Pfizer and PayPal
- Paltalk Secures $65.7 Million Verdict Against Cisco
- OKX Wallet Hosts Discussion on Legacy in Web3
- Lumen Technologies: The Underrated AI Stock to Watch
- Automotive Windshield Market to Reach USD 56.54 Billion
- Albion Enterprise VCT Announces New Share Issuance
- Extraordinary General Meeting of Panevezio Statybos Trestas
- Eurocommercial Properties N.V. Reports Robust Half-Year Results
- RomReal's Q2 2024 Performance Summary and Insights
- Hexagon Purus Maritime Partners with Freire Shipyard
- Airship AI Secures $8 Million in Public Offering
- Red White & Bloom Announces Strong Q2 2024 Results
- Credicorp Ltd. Declares Special Cash Dividend Announcement
- Ramsay Santé Reports Provisional Annual Results 2024
- JE Cleantech Holdings Regains Nasdaq Compliance
- HiSmile Product Claims Referenced to FTC by Advertising Division
- Car Nation Launches Exciting New Range of Used Cars