INTERNATIONAL PAPER CO

Ticker: IP CUSIP: 460146103 Class: COM

MERITAGE PORTFOLIO MANAGEMENT's Holding History (CIK: 0000881432)

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

Q4 2019

Shares 83,010 Value ($000) $3,823 Avg Close $31.89 Range $27.43 - $34.47

Q3 2019

Shares 82,334 Value ($000) $3,443 Avg Close $29.34 Range $26.08 - $32.62

Q2 2019

Shares 80,498 Value ($000) $3,487 Avg Close $31.37 Range $28.88 - $33.50

Q1 2019

Shares 81,675 Value ($000) $3,779 Avg Close $31.79 Range $27.31 - $33.69

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	83,010	$3,823	$31.89	$27.43 - $34.47
Q3 2019	82,334	$3,443	$29.34	$26.08 - $32.62
Q2 2019	80,498	$3,487	$31.37	$28.88 - $33.50
Q1 2019	81,675	$3,779	$31.79	$27.31 - $33.69