• Citigroup cut its Ubisoft stake below 5% on July 16, 2026.
• Holding fell to 5,928,396 shares, equal to 4.36% of capital, 4.02% of voting rights.
• Move followed market sales, plus a reduction in shares held through positions treated as equivalent ownership.
• Citigroup also reported exposure via swap, short put, plus recallable stock lending positions.

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