Noah Holdings Ltd (NOAH) has released an update.
Noah Holdings Private Wealth and Asset Management Limited has announced the issue of new ordinary shares, representing a 0.1% increase of the existing number of shares, under its issuance mandate. This issuance corresponds with the vesting of restricted share units as specified in the company’s Settlement Plan. The transaction was completed on a non-trading day with the issue price set at a significant discount to the previous day’s closing market price.
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