Noah Holdings ( (NOAH) ) just unveiled an update.
Noah Holdings Limited announced the repurchase of 21,839 American Depositary Shares (ADSs), equivalent to 109,195 ordinary shares, on both April 3 and April 4, 2025, on the New York Stock Exchange. This action was part of a repurchase mandate granted during the annual general meeting on June 12, 2024. The repurchase aims to optimize the company’s capital structure and potentially enhance shareholder value. The total number of shares repurchased was 218,390, with an aggregate price paid of USD 391,876.84. These shares are held as treasury shares, reflecting the company’s strategic approach to managing its financial resources and market positioning.
Spark’s Take on NOAH Stock
According to Spark, TipRanks’ AI Analyst, NOAH is a Outperform.
Noah Holdings’ overall stock score reflects strong financial performance and attractive valuation, offset by mixed technical indicators and domestic revenue challenges. The company’s strategic international expansion offers growth potential, while its financial stability supports long-term resilience.
To see Spark’s full report on NOAH stock, click here.
More about Noah Holdings
Noah Holdings Limited operates in the private wealth and asset management industry, focusing on providing financial services and investment solutions primarily in China. The company is listed on the Stock Exchange of Hong Kong and engages in activities such as share repurchases to manage its equity structure.
YTD Price Performance: -26.05%
Average Trading Volume: 91,867
Technical Sentiment Signal: Strong Buy
Current Market Cap: $617.4M
Learn more about NOAH stock on TipRanks’ Stock Analysis page.