Ubisoft CFO Tells Staff Stock Trading Halt Is Meant to “Limit Unnecessary Speculation”

What the HELL IS GOING ON

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Ubisoft employees received an internal message this week addressing the company’s unexpected halt on stock trading, with CFO Frédérick Duguet assuring staff that the move was “purely precautionary” and intended to “limit unnecessary speculation,”.

According to multiple employees who saw the memo, Duguet explained that the halt was tied to internal financial processes that haven’t yet been finalized for public disclosure. The message added that there was “no cause for concern” and that normal trading will resume once the required information is processed and cleared.

The brief pause quickly caught the attention of staff since Ubisoft hasn’t taken similar measures in recent months, especially during a period where the company is juggling shifting project timelines, restructuring efforts, and several high-profile releases still deep in development.

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Employees who have spoken out have said the wording of the memo appears aimed at getting ahead of rumours before they spiral internally. Ubisoft has attempted to tighten communication across its global teams after multiple cancelled projects and ongoing cost-management measures triggered uncertainty throughout the company.

While stock trading pauses can sometimes precede major announcements, analysts note that they also happen for routine reasons including financial verification, partnership approvals, or legal housekeeping and don’t necessarily point to anything dramatic.

For now, Ubisoft has not publicly commented on the halt or the memo. Staff were told that updates will be shared “as soon as appropriate,” but internally the message has been framed as business as usual rather than a sign of impending news.