Ubisoft To Propose Stock Split
Gamasutra : "Ubisoft is planning to offer its shareholders a two-for-one stock split,and will put the proposal up for a vote at its annual general meeting on September 22nd, according to Reuters.
As of press time, Ubisoft is trading at €63.67 (approx. $94) per share. The stock split would effectively double the number of shares that each investor holds, and in general is a sign of a positive outlook — the halved cost per share is usually aimed at getting new investors to buy in, or at pricing the stock competitively to its industry peers….."
