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The Vanguard Group, Inc. Discloses Stake in American Axle & Manufacturing
The Vanguard Group, Inc. revealed its position in American Axle & Manufacturing Holdings, Inc., filing a Form 8.3 under the UK's Takeover Code. The disclosure highlights Vanguard's interest in relevant securities amounting to 7.67%, with a substantial holding of 9,108,400 shares in American Axle. The announcement is dated 13 January 2026 and concerns positions as of 12 January 2026.
In addition to its stake in American Axle, Vanguard disclosed interests related to Dowlais Group plc. The filing also notes a recent sale of 1,076 common shares at 7.73 USD per share. The document confirms there are no indemnity or dealing arrangements linked to the relevant securities, nor any agreements regarding options or derivatives.
This disclosure is significant as Vanguard's holdings can influence market perception and investor decisions regarding American Axle. Public disclosures like these are mandatory for parties with significant stakes, ensuring transparency in market dealings.
R. H.
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