OmniVision Group Plans to Cancel 8.75 Million Repurchased Shares to Reduce Registered Capital

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OmniVision Group announced that it intends to change the purpose of 8,750,200 A-shares held in its special repurchase securities account that have not yet been used to “cancellation and reduction of registered capital.”

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Will Semiconductor Co Ltd
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Cancellation of repurchased shares reduces registered capital, potentially signaling lower shareholder value.

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