Published on 13 January 2026

Havas share consolidation operation

The Havas share consolidation was successfully completed on 20 November 2025. Uptevia assisted the company with this operation.

The aim of these operations is to:

  • Reduce the number of shares in circulation in order to reduce administrative costs.
  • Improve the perception of ordinary shares on the market.

This securities transaction has no impact on the value of the investment held, as the reduction in the number of shares is accompanied by a corresponding and simultaneous increase in the value of each consolidated ordinary share.

UPTEVIA is pleased to have assisted HAVAS N.V. and its shareholders in this transaction, which follows the spin-off of Vivendi and the listing of the new shares on Euronext Amsterdam in December 2024.

The consolidation was carried out at a ratio of 10 old ordinary shares consolidated into 1 new ordinary share.

We would like to thank our client for their trust and loyalty.