Tag Archives: shares

Ubisoft is to buy back 4m of its own shares, the publisher has announced. In a short statement to investors, it said it had granted a mandate to a currently unknown investment services provider with a view to repurchasing up to an aggregate amount of four million shares starting from …

News of Microsoft’s Xbox subscription service has caused the share price of the two big High Street games retailers to fall. In the US, GameStop saw its share price drop eight per cent from $26.5 to as low as $23.61, although it has since recovered a little to $24.44. In …

One analyst has predicted that Nintendo’s Super Mario Run reached as many as 10m downloads on its day of release last week. Initial estimates had pegged the day one download number at around 3.5m. This was then upped to 5m before AppAnnie told Polygon that estimations suggested that the total …

Family including publisher’s CEO Yves and former Gameloft head Michel pay $161m for an extra 3.5 per cent

Japanese mobile developer enters into agreement to reacquire shares as owner reportedly looks to reduce debt

Chinese gaming giant Tencent has spent around 14.3m to acquire a five per cent share of Paradox Interactive. The deal values the company at approximately 286m. Paradox CEO Fredrik Wester stays on as a key shareholder with a 33.3 per cent share of the company. Investment firm Splitan owns 30.5 …

Media giant Vivendi has sold the remainder of its financial interest in publisher Activision Blizzard. Its 5.7 per cent stake was sold for $1.1bn, with the decision likely made as Activision Blizzard’s share price has nearly doubled in the last year. The shares were sold to an un-named third party. …

Gfinity held an accelerated sale of 1m in shares this week after the eSports company’s first public financial report detailed losses of 3.6m up to June 30. The report revealed that profits were up on the same period last year by 163%, from 213,450 to 560, 828, however losses had …

Take-Two has beaten its quarterly revenue expectations by almost $50m, as revealed during its latest financials. The 2K and Rockstar parent was previously predicted to generate $318.3 million in revenue during its fiscal Q2, but well surpassed that sum to bring in $364.9 million – a 169 per cent annual …

The CEO of Ubisoft has vowed that the company will remain independent. Both Ubisoft and Gameloft were last week subject of investment by former Activision owner Vivendi, which now owns 6.6 per cent of the Assassin’s Creed publisher. In an internal email obtained by Games Industry, Ubisoft CEO Yves Guillemot …