Creo Inc. announced on June 5th 2003 that Scitex Corporation Ltd. sold 3 million common shares of Creo today through the facilities of the Toronto Stock Exchange (TSX) in an arranged sale to various financial institutions. Scitex continues to hold 3.25 million of the original 13.25 million Creo shares acquired in April 2000 in exchange for its digital preprint and print-on-demand assets.
In November 2001, Scitex divested 7.0 million shares. The remaining Scitex shareholding of 3.25 million common shares represents approximately 6.5 percent of the outstanding Creo shares.