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Noah Holdings ( (NOAH) ) has shared an update.
Noah Holdings has announced the repurchase of 37,246 American Depositary Shares (ADSs), equivalent to 186,230 ordinary shares, on the New York Stock Exchange. This move, conducted under a repurchase mandate granted in June 2024, reflects the company’s strategic efforts to manage its share capital. The repurchase, executed at an average price of USD 2.3525 per share, is expected to impact the company’s share structure positively, potentially enhancing shareholder value and market perception.
More about Noah Holdings
Noah Holdings Private Wealth and Asset Management Limited operates in the financial industry, offering private wealth and asset management services. The company is listed on the Hong Kong Stock Exchange and is known for its focus on providing financial solutions and investment management to high-net-worth individuals and institutions.
YTD Price Performance: 4.91%
Average Trading Volume: 205,793
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $842.3M
Learn more about NOAH stock on TipRanks’ Stock Analysis page.
