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Valens Semiconductor announces $15M share repurchase plan

Valens Semiconductor announces $15M share repurchase plan

Valens Semiconductor (VLN) announced that its Board of Directors has approved a “distribution”, as defined in the Israeli Companies Law, 1999, by way of a share repurchase program, pursuant to which the company may repurchase an aggregate amount of up to $15M of the company’s ordinary shares, subject to the completion of required Israeli regulatory procedures.

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