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Default Extract text between symbols

I would like to extract text from a string which will contain:

<sometext/the text I want/<sometext

The beginning and ending text will vary in length, but the text I want will
be between the two "/".

I am also looking to extract the text after the second "/", in a different
operation.

The data will change, so I want to write this as a template.

Any help is appreciated.

Thanks
 
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