Noah Holdings Executes Strategic Share Buyback

Noah Holdings (NOAH) has released an update.

Noah Holdings has repurchased 100,000 ordinary shares, equivalent to 20,000 American Depositary Shares (ADSs), on the New York Stock Exchange, as part of a buyback mandate from June 2024. The repurchase was executed at an average price of $2.6266 per share, showcasing Noah Holdings’ commitment to enhancing shareholder value through strategic buybacks. This move indicates the company’s proactive approach in managing its share capital.

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