Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(115,253 posts)
Tue Apr 30, 2024, 12:10 PM Apr 2024

Russia Seizes More Western Assets as Russian Companies Buy Back Shares at Huge Discounts to Market - Joe Blogs



In response to the seizure of $300 Billion of Russian assets Russia has seized businesses and assets owned by the West valued at over $107 Billion. In a latest development Russian businesses have started to take advantage of the Decree issued by President Putin that states that any assets purchased must have a DISCOUNT of at least 50% to the market value. In this video I provide details of two Share Buy Back deals that have been announced recently by Russian Companies, discuss the implications for shareholders and the Russian businesses, look at the companies that have lost the most value so far and discuss the implications for the Russian Economy.

Chapters:
0:00 Intro
4:11 COMPANY SHARES
5:59 RUSSIAN BUYBACKS
8:58 BUYBACK ECONOMICS
13:40 COMPANY LOSSES
19:27 SUMMARY & CONCLUSION
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Russia Seizes More Western Assets as Russian Companies Buy Back Shares at Huge Discounts to Market - Joe Blogs (Original Post) TexasTowelie Apr 2024 OP
It will be a long time before western companies invest in Russia again. CanonRay Apr 2024 #1
They shouldn't be doing business with that fascist shithole anyway. Crunchy Frog Apr 2024 #2
There will be nothing to invest in once Putin finishes ruining the country Warpy Apr 2024 #3

Warpy

(112,782 posts)
3. There will be nothing to invest in once Putin finishes ruining the country
Tue Apr 30, 2024, 03:14 PM
Apr 2024

/Things are falling apart at an incresing pace as he removes the men who once fixed them while taking money away from infrastructure and devotes it to the production of more deathtrap tanks and more shells.

It's going to take them generations to recover from Putin.

Latest Discussions»Issue Forums»Foreign Affairs»Russia Seizes More Wester...