PARIS: Ubisoft will resume trading on the Paris Stock Exchange by Friday at the latest and will release its first-half results by then.
The French video game company’s stock was suspended last Friday after it postponed publication of its results for the first half of its 2025-2026 fiscal year.
CFO Frederick Duguet told employees in an internal email that Ubisoft needed “additional time to finalise the closing of the first half of the year”.
The trading suspension request was intended to “limit unnecessary speculation and market volatility during this short period”.
The move sparked speculation over whether Ubisoft is preparing for a major announcement, possibly a takeover.
Late last year, rumours surfaced that Ubisoft was talking to Chinese tech giant Tencent, which took a stake in the French company in 2018.
The French publisher’s stock has plunged nearly 50% since the beginning of the year.
Its market capitalisation, which reached as high as 11.8 billion euros in 2018, now stands at just 910 million euros.
Since 2023, Ubisoft has been pursuing a cost-cutting plan that has led to the closure of several studios abroad and the departure of more than 3,000 employees.
The company is one of the largest video game publishers in the world with some 17,000 employees.
Its catalogue includes popular franchises such as “Assassin’s Creed,” “Far Cry,” and “Just Dance”.
