Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Wednesday, 4 October 2017

UBISOFT ENTERTAINMENT : UBISOFT ANNOUNCES A BUY-BACK PROGRAM UP TO 4 MILLION SHARES

UBISOFT ENTERTAINMENT    

Published: 18:32 CEST 04-10-2017 /GlobeNewswire /Source: UBISOFT ENTERTAINMENT / : UBI /ISIN: FR0000054470


UBISOFT ANNOUNCES A BUY-BACK PROGRAM

UP TO 4 MILLION SHARES

 

 

 

Paris, October 04, 2017 - Ubisoft announced today that it has granted a mandate to an investment services provider with a view to repurchasing its own shares.

 

Pursuant to this mandate, Ubisoft may buy back up to an aggregate amount of 4 million shares, from October 5, 2017 to December 29, 2017. This mandate will be implemented in accordance with the authorization granted by the Company's shareholders at their general meeting of September 22, 2017, which provided for a share buyback program limited to 10% of the shares comprising the Company's capital.

 

All repurchased shares will be canceled.

 

The liquidity agreement concluded by the company will be temporarily suspended during the execution of the mandate.

 

 

 

Contact

 

Investor Relations

Jean-Benoît Roquette

SVP Investor Relations

+ 33 1 48 18 52 39

Jean-benoit.roquette@ubisoft.com

 

 

About Ubisoft:

 

Ubisoft is a leading creator, publisher and distributor of interactive entertainment and services, with a rich portfolio of world-renowned brands, including Assassin's Creed, Just Dance, Watch_Dogs, Tom Clancy's video game series, Rayman and Far Cry. The teams throughout Ubisoft's worldwide network of studios and business offices are committed to delivering original and memorable gaming experiences across all popular platforms, including consoles, mobile phones, tablets and PCs. For the 2016-17 fiscal year, Ubisoft generated sales of €1.460 billion. To learn more, please visit www.ubisoftgroup.com.





Ubisoft - Buyback - 041017



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: UBISOFT ENTERTAINMENT, 28 rue Armand Carrel BP 10704, Montreuil-sous-Bois FR-93100, France
If you would like to unsubscribe and stop receiving these e-mails click here.