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ECD Ovonics Completes Option Exercise for Share Purchase.

Publication: Electric and Hybrid Vehicles Today
Publication Date: 24-MAY-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Energy Conversion Devices, Inc. (ECD Ovonics) recently announced it has completed the exercise of its option to purchase 4.4 million shares of its common stock previously owned by a subsidiary of Chevron Corporation.

According to ECD Ovonics, the shares acquired through the option exercise are being cancelled and returned...

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