Topic: Ubisoft Planning a Share Split

[Nick DiMola]

Ubisoft's publishing and developing efforts have paid off and investors may see it with a share split.
 http://www.nintendoworldreport.com/newsArt.cfm?artid=16591

 Ubisoft has been doing quite well lately by developing and publishing a variety of titles across all of the consoles currently on the market. In order to show investors and the market their success, Ubisoft is planning on splitting its shares (currently valued at €62.22 per share) two-for-one on September 22.    

A stock split is a common occurrence in the public market. Companies will sometimes divide their stock after they have seen their share price rise significantly. This increases the availability of the stock and may also indicate the management's confidence that the company will continue to perform well.    

Ubisoft will put the stock-split to a vote at its September 22nd annual general meeting. If the plan goes through stock holders of Ubisoft will now own double the shares they once owned, each worth half the price they were originally worth.