Ubisoft board is investigating the ceo, accused of deliberately lowering share price to acquire more

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ant they/them 2mo ago #7076529

either im r-slurred or im the only one here who actually read the image. Where does it say anything about CEO malpractice or ant investigation?

4 Context

J Deux/Rama ant 2mo ago #7077415 spent 110 currency on pings

The executive committee under the supervision of the board of directors is launching a review aimed at further improving our execution

Thats corpo speak for no confidence in the ceo were going to investigate how you do things.

The rest

accelerate our strategic path towards a higher performing model to the benefit of our stakeholders and shareholders.

Thats corpo speak for he isnt maximizing profit so hes committing the sin of lowering shareholder value.

The last bit is conjecture but not unheard of that ceos will lower share price to acquire more or more cheaply see elons acquisition of twitter where he tried to tank the stock price to make the transaction cheaper. The sec aint happy with that and that was pre ceo.

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