Opera Declares Upcoming Cash Dividend of $0.40 per ADS Under its Recurring Dividend Program
Opera's next semi-annual dividend under its recurring dividend program, which was announced in June 2023, will be $0.40 per ADS.
- Opera's next semi-annual dividend under its recurring dividend program, which was announced in June 2023, will be $0.40 per ADS.
- The aggregate amount of this initial dividend is approximately $35 million, based on a total of 87.5 million ADS equivalents outstanding as of November 30, 2023.
- Opera's cash expense will, however, be limited to approximately $9.9 million, which relates to holders of ADSs only.
- Future dividend payments on Kunlun's ordinary shares in Opera will also be offset until the StarX receivable with interest is fully satisfied.