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OPay
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Opera Limited has used just 9% of its $300m buyback. At $18, the rest could retire another 17% of shares
Opera Limited has deployed only $28.1 million of its two-year $300 million repurchase authorization. With OPRA near $18, the remaining capacity is equivalent to roughly 17% of the current share count, although completing it would require substantially more than first-half free cash flow.
Opera revenue jumps 25%, but OPRA shares slide as investors look past the Q2 beat
Opera delivered 25% revenue growth and a 32% increase in adjusted EBITDA, but OPRA shares fell sharply as a modest full-year guidance increase failed to match elevated expectations.