Opera Limited Announces Cash Dividend of $0.40 per Share

Opera Limited Declares New Cash Dividend for Shareholders

Opera Limited (NASDAQ: OPRA) has shared exciting news for its shareholders. The Board of Directors has officially declared a semi-annual cash dividend amounting to $0.40 per share. This announcement marks a continued commitment to returning value to its loyal shareholders under its established recurring dividend program.

Details of the Dividend Distribution

The upcoming dividend will be distributed to shareholders owning American Depositary Shares (ADS), with each ADS equating to one ordinary share of the company. Shareholders of record will need to verify their holdings as of the record date. Payment is anticipated to be processed through The Bank of New York Mellon, the designated depositary bank for Opera, ensuring that the dividends reach holders promptly.

Timeline for Dividend Payments

For those interested in when dividends will be dispersed, the record date has been set for a specific date, and the actual distribution is projected to occur shortly thereafter. This timeline allows shareholders to plan accordingly, as the aggregate dividend amount is expected to reach approximately $35.4 million based on the total number of shares outstanding, which stands at about 88.5 million shares.

Understanding Forward-Looking Statements

It's important for investors to recognize the context in which this dividend announcement has been made. Opera, like many companies, operates within a landscape full of uncertainties. Forward-looking statements aim to provide insight into potential future performance and define the company's aspirations. However, these projections can be influenced by external factors, including shifts in global economic conditions and market dynamics.

Risk Factors

The risks associated with operating in a rapidly changing market are numerous. From regulatory challenges to evolving consumer behavior, each element poses a potential impact on the company’s strategies and goals. Opera is mindful of these factors and endeavors to keep its stakeholders informed as developments unfold.

Company Overview: Who is Opera?

Founded in 1995 and headquartered in Oslo, Norway, Opera is a leading player in the software industry, primarily known for its innovative web browsers. Engaging hundreds of millions of users worldwide, Opera continually strives to offer a superior browsing experience across multiple devices—both mobile and desktop. Its unique features prioritize user security and convenience, making Opera a brand trusted globally.

Engagement with Investors and Customers

Opera highly values its connection with both customers and investors. By actively communicating important updates like dividend announcements, the company reinforces its commitment to transparency and shareholder engagement. This approach ensures that investors are aware of how their interests align with the company’s strategic direction.

Frequently Asked Questions

What is the amount of the upcoming dividend?

The upcoming dividend declared by Opera is $0.40 per share.

When will the dividend be paid?

Payments are expected to commence around mid-January, following the record date.

How does Opera ensure dividend payments?

Opera utilizes The Bank of New York Mellon as its depositary bank for ensuring proper distribution of dividends to shareholders.

What factors influence Opera's forward-looking statements?

Market conditions, regulatory changes, and consumer behavior all play a significant role in shaping Opera's future outlook.

Where can I find more information about Opera Limited?

Additional details about the company’s developments can be accessed on their official website and investor relations pages.

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