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The latest update is out from Noah Holdings ( (NOAH) ).
Noah Holdings recently disclosed a repurchase of 428 American Depositary Shares (ADSs), equivalent to 2,140 ordinary shares, on the New York Stock Exchange. This action reflects a minor change in the company’s issued shares, representing a 0.001% reduction. The repurchase aligns with the mandate granted in the annual general meeting on June 12, 2024, and was executed at an average price of USD 11.5 per ADS. This move is part of the company’s strategic management of its share capital.
More about Noah Holdings
Noah Holdings Private Wealth and Asset Management Limited operates in the financial services industry, focusing on private wealth and asset management. The company is listed on The Stock Exchange of Hong Kong and provides a range of financial products and services.
YTD Price Performance: 6.64%
Average Trading Volume: 196,789
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $856.8M
Find detailed analytics on NOAH stock on TipRanks’ Stock Analysis page.
