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

[TexasTowelie]

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

[CanonRay]

1. It will be a long time before western companies invest in Russia again.

[Crunchy Frog]

2. They shouldn't be doing business with that fascist shithole anyway.

[Warpy]

3. There will be nothing to invest in once Putin finishes ruining the country

/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.