Opera Limited American Depositary Shares

$OPRA signed agreement to repurchase up to $128.6M in cash from 360 Security Technology.

360 currently holds a 20.6% . The purchase price is equal to $5.50 per ADS. Closing price on Friday was $4ish.

Anyone has any thoughts on this? 🤔

[https://t.co/6J23pK06dI](https://t.co/6J23pK06dI)

Opera (OPRA) on Friday signed agreement to repurchase up to $128.6M in cash from its majority shareholder- 360 Security Technology. 360 currently holds a 20.6% stake in Opera

Opera to buyback $128.6M from majority shareholder (NASDAQ:OPRA)

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