Noah Holdings (NOAH) has released an update.
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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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