The Vanguard Group Discloses Position in American Axle

The Vanguard Group, Inc. has publicly disclosed its significant position in American Axle & Manufacturing Holdings, Inc. According to a recent Form 8.3 filing, Vanguard holds a 10.95% stake, translating to 12,874,803 USD 0.01 common shares. This disclosure aligns with Rule 8.3 of the Takeover Code, indicating Vanguard's substantial interest in the securities.

In a series of recent transactions, Vanguard purchased additional shares, including 69,500 at $4.13 each and 216 at $4.15. The filing also notes an interest in Dowlais Group plc, although no dealings in cash-settled or stock-settled derivatives were reported.

The lack of indemnity or option arrangements highlights the straightforward nature of Vanguard's engagement with American Axle. The disclosure was made public on May 7, 2025, with Shawn Acker listed as the contact person for further inquiries.