Dimensional Fund Advisors Ltd. Releases Opening Position Disclosure Regarding AXL
On January 5, 2026, Dimensional Fund Advisors Ltd. disclosed its opening position in the securities of American Axle & Manufacturing Holdings Inc. (stock symbol: AXL) as part of its compliance with Rule 8.3 of the Takeover Code. This disclosure is significant as it highlights the firm's investment interests and control over shares, representing over 1% of AXL’s relevant securities.
Key Information on Dimensional Fund Advisors
- Discloser: Dimensional Fund Advisors Ltd., acting in the capacity of investment advisor.
- Relevant Securities: Common stock of American Axle & Manufacturing Holdings Inc. (USD 0.01 per share, US0240611030).
- Date of Position Held: January 2, 2026.
- Interest in Other Companies: Dimensional is also making disclosures related to Dowlais Group PLC.
Positions Held in AXL Securities
As of the latest disclosure, Dimensional Fund Advisors reported the following positions in AXL:
- Relevant Securities Owned: 6,786,560 shares, which constitutes 5.72% of the total relevant securities.
- Voting Control: Dimensional does not have voting discretion over 224,998 shares included above.
Details of Transactions in AXL Common Stock
Recent dealings include a purchase of additional shares in AXL:
- Transaction Type: Purchase
- Shares Purchased: 7,803 shares
- Price per Share: $6.4576
- Transfer In: 342 shares of USD 0.01 common stock.
Further Disclosure Obligations and Information
Dimensional Fund Advisors has confirmed there are no indemnity arrangements or options related to relevant securities affecting their ability to manage shares. Furthermore, no supplemental forms or open positions have been reported as of this disclosure date.
This filing serves to keep the market updated on significant holdings and support transparency within the investment community.
Contact Information
For inquiries regarding this disclosure, please contact:
Name: Thomas Hone
Telephone: +44 20 3033 3419
Conclusion
Dimensional Fund Advisors Ltd.'s disclosure regarding their position in AXL reflects their ongoing commitment to regulatory compliance and market transparency. With a significant holding in American Axle & Manufacturing Holdings Inc., stakeholders will be keen to monitor any further developments.