Third quarter 2010 results
Oslo, Norway - November 15, 2010 - Opera Software ASA today announced its quarterly results for 3Q10. Please find the third quarter report (3Q10.pdf) and presentation (3Q10_presentation.pdf) attached.
The Board of Director has approved a new stock repurchase program
consisting of up to 6 million shares. The buy-back program will be
carried out in accordance with any authorization to the Board of
Directors as resolved by the General Meeting. The new repurchase program
replaces the former program which was announced on March 3, 2008 and
October 17, 2008. Opera currently owns 224,469 shares.
The buy-back program is initiated in order to minimize
dilution for existing shareholders resulting from the exercise of
employee and Board stock options.
Erik Harrell, CFO/COO
Tel: +47 2416 4053
Petter Lade, Investor Relations
Tel: +47 2369 3444