SBRCY ADR holders are finally getting cashed out

Investor summaryNeutral

JP Morgan announced the termination of Sberbank (SBRCY) ADRs, with holders receiving $4 per ADR in cash.

Bull points

Holders of the terminated ADRs will finally receive a cash payout, avoiding a complete wipeout.

Bear points

The termination is a result of geopolitical sanctions, forcing investors to exit at a likely steep discount to historical highs.

Post body

https://api.markitdigital.com/jpmadr-public/v1/cms/document?cmsId=520e5773254e470ba09e55b38bd59b9d&sequenceNo=1

JP Morgan’s made an announcement this week regarding the terminated ADRs oF SBERBANK.

$4 bucks per ADR.

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