INTERNATIONAL PAPER CO

Ticker: IP CUSIP: 460146103 Class: COM

Louisiana State Employees Retirement System's Holding History (CIK: 0001537191)

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

Q4 2025

Shares 27,000 Value ($000) $1,064 Avg Close $40.85 Range $35.35 - $49.08

Q3 2025

Shares 27,700 Value ($000) $1,285 Avg Close $48.00 Range $43.94 - $54.91

Q2 2025

Shares 27,900 Value ($000) $1,307 Avg Close $45.98 Range $41.92 - $53.17

Q1 2025

Shares 28,400 Value ($000) $1,515 Avg Close $52.74 Range $47.11 - $57.79

Q4 2024

Shares 18,700 Value ($000) $1,006 Avg Close $51.32 Range $43.58 - $57.99

Q3 2024

Shares 19,600 Value ($000) $957 Avg Close $44.19 Range $39.87 - $48.30

Q2 2024

Shares 19,700 Value ($000) $850 Avg Close $38.08 Range $30.94 - $44.72

Q1 2024

Shares 20,100 Value ($000) $784 Avg Close $33.61 Range $30.12 - $38.52

Q4 2023

Shares 20,900 Value ($000) $756 Avg Close $31.96 Range $29.24 - $35.19

Q3 2023

Shares 21,400 Value ($000) $759 Avg Close $30.68 Range $27.58 - $33.33

Q2 2023

Shares 21,500 Value ($000) $684 Avg Close $29.09 Range $25.99 - $32.69

Q1 2023

Shares 23,100 Value ($000) $833 Avg Close $32.51 Range $29.50 - $36.54

Q4 2022

Shares 23,000 Value ($000) $1 Avg Close $29.99 Range $26.43 - $33.18

Q3 2022

Shares 23,200 Value ($000) $735 Avg Close $35.03 Range $26.81 - $38.92

Q2 2022

Shares 23,500 Value ($000) $1,001 Avg Close $39.31 Range $34.45 - $42.39

Q1 2022

Shares 24,400 Value ($000) $1,206 Avg Close $38.65 Range $34.14 - $41.56

Q4 2021

Shares 24,300 Value ($000) $1,142 Avg Close $41.02 Range $36.66 - $46.83

Q3 2021

Shares 24,300 Value ($000) $1,359 Avg Close $45.90 Range $42.96 - $48.74

Q2 2021

Shares 24,400 Value ($000) $1,496 Avg Close $46.63 Range $41.12 - $50.73

Q1 2021

Shares 24,400 Value ($000) $1,319 Avg Close $39.42 Range $35.46 - $43.93

Q4 2020

Shares 24,400 Value ($000) $1,213 Avg Close $35.85 Range $29.54 - $39.67

Q3 2020

Shares 20,000 Value ($000) $811 Avg Close $27.96 Range $24.51 - $32.53

Q2 2020

Shares 16,900 Value ($000) $595 Avg Close $24.80 Range $21.36 - $29.94

Q1 2020

Shares 16,700 Value ($000) $520 Avg Close $28.50 Range $19.32 - $33.68

Q4 2019

Shares 18,600 Value ($000) $857 Avg Close $31.89 Range $27.43 - $34.47

Q3 2019

Shares 18,900 Value ($000) $790 Avg Close $29.34 Range $26.08 - $32.62

Q2 2019

Shares 19,900 Value ($000) $851 Avg Close $31.37 Range $28.88 - $33.50

Q1 2019

Shares 21,100 Value ($000) $976 Avg Close $31.79 Range $27.31 - $33.69

Q4 2018

Shares 21,200 Value ($000) $856 Avg Close $30.46 Range $25.95 - $34.65

Q3 2018

Shares 23,900 Value ($000) $1,175 Avg Close $35.63 Range $33.53 - $37.56

Q2 2018

Shares 24,400 Value ($000) $1,271 Avg Close $36.35 Range $33.57 - $40.34

Q1 2018

Shares 25,200 Value ($000) $1,346 Avg Close $39.21 Range $33.60 - $44.58

Q4 2017

Shares 25,000 Value ($000) $1,449 Avg Close $37.59 Range $35.37 - $38.93

Q3 2017

Shares 25,800 Value ($000) $1,466 Avg Close $36.51 Range $33.86 - $38.57

Q2 2017

Shares 25,600 Value ($000) $1,449 Avg Close $34.75 Range $32.17 - $37.45

Q1 2017

Shares 25,300 Value ($000) $1,285 Avg Close $34.17 Range $32.18 - $37.84

Q4 2016

Shares 25,900 Value ($000) $1,374 Avg Close $31.25 Range $27.71 - $35.15

Q3 2016

Shares 26,200 Value ($000) $1,257 Avg Close $29.51 Range $25.89 - $31.75

Q2 2016

Shares 27,000 Value ($000) $1,144 Avg Close $26.29 Range $24.54 - $27.85

Q1 2016

Shares 27,500 Value ($000) $1,129 Avg Close $22.81 Range $20.01 - $26.25

Q4 2015

Shares 29,000 Value ($000) $1,093 Avg Close $24.89 Range $22.64 - $27.32

Q3 2015

Shares 30,500 Value ($000) $1,153 Avg Close $27.15 Range $22.61 - $29.90

Q2 2015

Shares 30,800 Value ($000) $1,466 Avg Close $31.50 Range $28.63 - $33.87

Q1 2015

Shares 30,500 Value ($000) $1,692 Avg Close $32.75 Range $30.57 - $34.72

Q4 2014

Shares 31,900 Value ($000) $1,709 Avg Close $30.67 Range $26.30 - $33.18

Q3 2014

Shares 32,800 Value ($000) $1,566 Avg Close $28.63 Range $27.61 - $30.49

Q2 2014

Shares 34,000 Value ($000) $1,716 Avg Close $27.05 Range $25.40 - $29.30

Q1 2014

Shares 34,800 Value ($000) $1,597 Avg Close $27.24 Range $25.46 - $28.54

Q4 2013

Shares 35,700 Value ($000) $1,750 Avg Close $26.03 Range $24.27 - $28.23

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	27,000	$1,064	$40.85	$35.35 - $49.08
Q3 2025	27,700	$1,285	$48.00	$43.94 - $54.91
Q2 2025	27,900	$1,307	$45.98	$41.92 - $53.17
Q1 2025	28,400	$1,515	$52.74	$47.11 - $57.79
Q4 2024	18,700	$1,006	$51.32	$43.58 - $57.99
Q3 2024	19,600	$957	$44.19	$39.87 - $48.30
Q2 2024	19,700	$850	$38.08	$30.94 - $44.72
Q1 2024	20,100	$784	$33.61	$30.12 - $38.52
Q4 2023	20,900	$756	$31.96	$29.24 - $35.19
Q3 2023	21,400	$759	$30.68	$27.58 - $33.33
Q2 2023	21,500	$684	$29.09	$25.99 - $32.69
Q1 2023	23,100	$833	$32.51	$29.50 - $36.54
Q4 2022	23,000	$1	$29.99	$26.43 - $33.18
Q3 2022	23,200	$735	$35.03	$26.81 - $38.92
Q2 2022	23,500	$1,001	$39.31	$34.45 - $42.39
Q1 2022	24,400	$1,206	$38.65	$34.14 - $41.56
Q4 2021	24,300	$1,142	$41.02	$36.66 - $46.83
Q3 2021	24,300	$1,359	$45.90	$42.96 - $48.74
Q2 2021	24,400	$1,496	$46.63	$41.12 - $50.73
Q1 2021	24,400	$1,319	$39.42	$35.46 - $43.93
Q4 2020	24,400	$1,213	$35.85	$29.54 - $39.67
Q3 2020	20,000	$811	$27.96	$24.51 - $32.53
Q2 2020	16,900	$595	$24.80	$21.36 - $29.94
Q1 2020	16,700	$520	$28.50	$19.32 - $33.68
Q4 2019	18,600	$857	$31.89	$27.43 - $34.47
Q3 2019	18,900	$790	$29.34	$26.08 - $32.62
Q2 2019	19,900	$851	$31.37	$28.88 - $33.50
Q1 2019	21,100	$976	$31.79	$27.31 - $33.69
Q4 2018	21,200	$856	$30.46	$25.95 - $34.65
Q3 2018	23,900	$1,175	$35.63	$33.53 - $37.56
Q2 2018	24,400	$1,271	$36.35	$33.57 - $40.34
Q1 2018	25,200	$1,346	$39.21	$33.60 - $44.58
Q4 2017	25,000	$1,449	$37.59	$35.37 - $38.93
Q3 2017	25,800	$1,466	$36.51	$33.86 - $38.57
Q2 2017	25,600	$1,449	$34.75	$32.17 - $37.45
Q1 2017	25,300	$1,285	$34.17	$32.18 - $37.84
Q4 2016	25,900	$1,374	$31.25	$27.71 - $35.15
Q3 2016	26,200	$1,257	$29.51	$25.89 - $31.75
Q2 2016	27,000	$1,144	$26.29	$24.54 - $27.85
Q1 2016	27,500	$1,129	$22.81	$20.01 - $26.25
Q4 2015	29,000	$1,093	$24.89	$22.64 - $27.32
Q3 2015	30,500	$1,153	$27.15	$22.61 - $29.90
Q2 2015	30,800	$1,466	$31.50	$28.63 - $33.87
Q1 2015	30,500	$1,692	$32.75	$30.57 - $34.72
Q4 2014	31,900	$1,709	$30.67	$26.30 - $33.18
Q3 2014	32,800	$1,566	$28.63	$27.61 - $30.49
Q2 2014	34,000	$1,716	$27.05	$25.40 - $29.30
Q1 2014	34,800	$1,597	$27.24	$25.46 - $28.54
Q4 2013	35,700	$1,750	$26.03	$24.27 - $28.23