Putin signs decree to remove Russian stocks from overseas exchanges in huge blow to the nation’s billionaires

• Putin signed a new decree on April 16 that requires Russian companies to remove their listings from overseas exchanges.

• Now, billionaires won’t be able to collect foreign-currency dividends from depository receipt programs.

• The decree also means foreign holders of the canceled receipts must receive normal shares placed in non-resident accounts in Russia.

In a blow to Russia’s richest business…