Ubisoft Is Buying Back Four Million Of Its Own Shares In Takeover Defense
- Category: News
- Written by Imran Khan
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Authors: Imran Khan
Ubisoft announced a share buyback program today that lets them buy their own shares in an attempt to defend against a hostile takeover by Vivendi.
The process is a little complicated, but essentially Ubisoft has told an investment services provider to purchase four million shares on Ubisoft's behalf. The actual buyback can happen...