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enter image description here

This text is the watermark I want to add. Just wondering how to change its transparency.

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https://maketecheasier.com/watermark-pdf-pages-quick-actions-macos has a solution with automator to achieve the text transparency adjustment.

And I found another solution, using Keynote:

Load Image in Keynote, and text in Keynote can set transparency using View menu -> Show colours (CMD + Shift + C).

enter image description here

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