They're not selling their shares to anybody. They're abandoning them. Rosneft, for obvious reasons, owns all the shares that aren't owned by anybody else so Rosneft gets control the shares back.

there is simply no information available on what will happen to the shares, so your insistence is irritating. If the shares were dissolved, the other owners (such as the Russian government) would end up with a larger stake.

If a sale is taking place, the question is: to whom and for how much (Rosneft shares have been under fire on Thursday and Friday, along with all the other Russian stocks)

And a big company dumping their sales on the market would add further downward pressure.

It’s really odd this threads insistence that shares are going to be “given” back to the company as the story doesn’t say that and it’s not what it typically means to exit a position.

You seem very confident for someone who doesn't understand what he's talking about.

If BP is "abandoning their shares", what do you thing that they mean by "the fair value of bp’s Rosneft shareholding at 31 March 2022"?

"First, it is expected to give rise to a non-cash adjusting item charge at the time of the first quarter 2022 results, representing the difference between the fair value of bp’s Rosneft shareholding at 31 March 2022 and the carrying value of the asset. At the end of 2021 this carrying value stood at around $14 billion."