INTERNATIONAL PAPER CO

Ticker: IP CUSIP: 460146103 Class: COM

PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO's Holding History (CIK: 0000315297)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 49,293 Value ($000) $2 Avg Close $40.85 Range $35.35 - $49.08

Q3 2025

Shares 49,293 Value ($000) $2 Avg Close $48.00 Range $43.94 - $54.91

Q2 2025

Shares 50,153 Value ($000) $2 Avg Close $45.98 Range $41.92 - $53.17

Q1 2025

Shares 51,809 Value ($000) $3 Avg Close $52.74 Range $47.11 - $57.79

Q4 2024

Shares 35,423 Value ($000) $2 Avg Close $51.32 Range $43.58 - $57.99

Q3 2024

Shares 35,423 Value ($000) $2 Avg Close $44.19 Range $39.87 - $48.30

Q2 2024

Shares 35,423 Value ($000) $2 Avg Close $38.08 Range $30.94 - $44.72

Q1 2024

Shares 37,972 Value ($000) $1 Avg Close $33.61 Range $30.12 - $38.52

Q4 2023

Shares 40,091 Value ($000) $1 Avg Close $31.96 Range $29.24 - $35.19

Q3 2023

Shares 41,588 Value ($000) $1 Avg Close $30.68 Range $27.58 - $33.33

Q2 2023

Shares 42,744 Value ($000) $1 Avg Close $29.09 Range $25.99 - $32.69

Q1 2023

Shares 42,744 Value ($000) $2 Avg Close $32.51 Range $29.50 - $36.54

Q4 2022

Shares 42,744 Value ($000) $1 Avg Close $29.99 Range $26.43 - $33.18

Q3 2022

Shares 44,286 Value ($000) $1,404 Avg Close $35.03 Range $26.81 - $38.92

Q2 2022

Shares 44,286 Value ($000) $1,852 Avg Close $39.31 Range $34.45 - $42.39

Q1 2022

Shares 44,286 Value ($000) $2,044 Avg Close $38.65 Range $34.14 - $41.56

Q4 2021

Shares 49,432 Value ($000) $2,322 Avg Close $41.02 Range $36.66 - $46.83

Q3 2021

Shares 64,907 Value ($000) $3,630 Avg Close $45.90 Range $42.96 - $48.74

Q2 2021

Shares 65,079 Value ($000) $3,990 Avg Close $46.63 Range $41.12 - $50.73

Q1 2021

Shares 65,250 Value ($000) $3,528 Avg Close $39.42 Range $35.46 - $43.93

Q4 2020

Shares 65,670 Value ($000) $3,265 Avg Close $35.85 Range $29.54 - $39.67

Q3 2020

Shares 67,465 Value ($000) $2,735 Avg Close $27.96 Range $24.51 - $32.53

Q2 2020

Shares 67,572 Value ($000) $2,379 Avg Close $24.80 Range $21.36 - $29.94

Q1 2020

Shares 70,928 Value ($000) $2,208 Avg Close $28.50 Range $19.32 - $33.68

Q4 2019

Shares 70,921 Value ($000) $3,266 Avg Close $31.89 Range $27.43 - $34.47

Q3 2019

Shares 71,115 Value ($000) $2,974 Avg Close $29.34 Range $26.08 - $32.62

Q2 2019

Shares 71,414 Value ($000) $3,094 Avg Close $31.37 Range $28.88 - $33.50

Q1 2019

Shares 72,047 Value ($000) $3,334 Avg Close $31.79 Range $27.31 - $33.69

Q4 2018

Shares 69,602 Value ($000) $2,809 Avg Close $30.46 Range $25.95 - $34.65

Q3 2018

Shares 69,775 Value ($000) $3,429 Avg Close $35.63 Range $33.53 - $37.56

Q2 2018

Shares 70,045 Value ($000) $3,648 Avg Close $36.35 Range $33.57 - $40.34

Q1 2018

Shares 70,297 Value ($000) $3,756 Avg Close $39.21 Range $33.60 - $44.58

Q4 2017

Shares 74,759 Value ($000) $4,332 Avg Close $37.59 Range $35.37 - $38.93

Q3 2017

Shares 72,133 Value ($000) $4,099 Avg Close $36.51 Range $33.86 - $38.57

Q2 2017

Shares 76,168 Value ($000) $4,312 Avg Close $34.75 Range $32.17 - $37.45

Q1 2017

Shares 76,224 Value ($000) $3,871 Avg Close $34.17 Range $32.18 - $37.84

Q4 2016

Shares 76,792 Value ($000) $4,075 Avg Close $31.25 Range $27.71 - $35.15

Q3 2016

Shares 79,854 Value ($000) $3,831 Avg Close $29.51 Range $25.89 - $31.75

Q2 2016

Shares 81,997 Value ($000) $3,475 Avg Close $26.29 Range $24.54 - $27.85

Q1 2016

Shares 89,385 Value ($000) $3,668 Avg Close $22.81 Range $20.01 - $26.25

Q4 2015

Shares 86,692 Value ($000) $3,268 Avg Close $24.89 Range $22.64 - $27.32

Q3 2015

Shares 305,959 Value ($000) $11,562 Avg Close $27.15 Range $22.61 - $29.90

Q2 2015

Shares 306,903 Value ($000) $14,606 Avg Close $31.50 Range $28.63 - $33.87

Q1 2015

Shares 312,201 Value ($000) $17,324 Avg Close $32.75 Range $30.57 - $34.72

Q4 2014

Shares 314,594 Value ($000) $16,856 Avg Close $30.67 Range $26.30 - $33.18

Q3 2014

Shares 318,986 Value ($000) $15,228 Avg Close $28.63 Range $27.61 - $30.49

Q2 2014

Shares 319,121 Value ($000) $16,106 Avg Close $27.05 Range $25.40 - $29.30

Q1 2014

Shares 328,259 Value ($000) $15,061 Avg Close $27.24 Range $25.46 - $28.54

Q4 2013

Shares 328,315 Value ($000) $16,097 Avg Close $26.03 Range $24.27 - $28.23

Q3 2013

Shares 328,060 Value ($000) $14,697 Avg Close $26.87 Range $24.85 - $28.29

Q2 2013

Shares 346,787 Value ($000) $15,366 Avg Close $25.91 Range $23.81 - $27.42

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	49,293	$2	$40.85	$35.35 - $49.08
Q3 2025	49,293	$2	$48.00	$43.94 - $54.91
Q2 2025	50,153	$2	$45.98	$41.92 - $53.17
Q1 2025	51,809	$3	$52.74	$47.11 - $57.79
Q4 2024	35,423	$2	$51.32	$43.58 - $57.99
Q3 2024	35,423	$2	$44.19	$39.87 - $48.30
Q2 2024	35,423	$2	$38.08	$30.94 - $44.72
Q1 2024	37,972	$1	$33.61	$30.12 - $38.52
Q4 2023	40,091	$1	$31.96	$29.24 - $35.19
Q3 2023	41,588	$1	$30.68	$27.58 - $33.33
Q2 2023	42,744	$1	$29.09	$25.99 - $32.69
Q1 2023	42,744	$2	$32.51	$29.50 - $36.54
Q4 2022	42,744	$1	$29.99	$26.43 - $33.18
Q3 2022	44,286	$1,404	$35.03	$26.81 - $38.92
Q2 2022	44,286	$1,852	$39.31	$34.45 - $42.39
Q1 2022	44,286	$2,044	$38.65	$34.14 - $41.56
Q4 2021	49,432	$2,322	$41.02	$36.66 - $46.83
Q3 2021	64,907	$3,630	$45.90	$42.96 - $48.74
Q2 2021	65,079	$3,990	$46.63	$41.12 - $50.73
Q1 2021	65,250	$3,528	$39.42	$35.46 - $43.93
Q4 2020	65,670	$3,265	$35.85	$29.54 - $39.67
Q3 2020	67,465	$2,735	$27.96	$24.51 - $32.53
Q2 2020	67,572	$2,379	$24.80	$21.36 - $29.94
Q1 2020	70,928	$2,208	$28.50	$19.32 - $33.68
Q4 2019	70,921	$3,266	$31.89	$27.43 - $34.47
Q3 2019	71,115	$2,974	$29.34	$26.08 - $32.62
Q2 2019	71,414	$3,094	$31.37	$28.88 - $33.50
Q1 2019	72,047	$3,334	$31.79	$27.31 - $33.69
Q4 2018	69,602	$2,809	$30.46	$25.95 - $34.65
Q3 2018	69,775	$3,429	$35.63	$33.53 - $37.56
Q2 2018	70,045	$3,648	$36.35	$33.57 - $40.34
Q1 2018	70,297	$3,756	$39.21	$33.60 - $44.58
Q4 2017	74,759	$4,332	$37.59	$35.37 - $38.93
Q3 2017	72,133	$4,099	$36.51	$33.86 - $38.57
Q2 2017	76,168	$4,312	$34.75	$32.17 - $37.45
Q1 2017	76,224	$3,871	$34.17	$32.18 - $37.84
Q4 2016	76,792	$4,075	$31.25	$27.71 - $35.15
Q3 2016	79,854	$3,831	$29.51	$25.89 - $31.75
Q2 2016	81,997	$3,475	$26.29	$24.54 - $27.85
Q1 2016	89,385	$3,668	$22.81	$20.01 - $26.25
Q4 2015	86,692	$3,268	$24.89	$22.64 - $27.32
Q3 2015	305,959	$11,562	$27.15	$22.61 - $29.90
Q2 2015	306,903	$14,606	$31.50	$28.63 - $33.87
Q1 2015	312,201	$17,324	$32.75	$30.57 - $34.72
Q4 2014	314,594	$16,856	$30.67	$26.30 - $33.18
Q3 2014	318,986	$15,228	$28.63	$27.61 - $30.49
Q2 2014	319,121	$16,106	$27.05	$25.40 - $29.30
Q1 2014	328,259	$15,061	$27.24	$25.46 - $28.54
Q4 2013	328,315	$16,097	$26.03	$24.27 - $28.23
Q3 2013	328,060	$14,697	$26.87	$24.85 - $28.29
Q2 2013	346,787	$15,366	$25.91	$23.81 - $27.42