Noah Holdings Maintains Capital, Increases Shares

Noah Holdings (NOAH) has released an update.

Noah Holdings Private Wealth and Asset Management Limited reported no change in its authorized share capital, maintaining a balance of USD 50,000 at the end of August 2024, according to its monthly securities movement filing. The company witnessed a minor increase in issued shares, adding 39,970 ordinary shares to end with 330,726,723 shares. The 2022 Share Incentive Plan, following its General Meeting approval, indicates potential for issuing a significant number of shares upon exercise of granted options, despite the termination of the 2017 plan and confirmation of compliance with all regulatory requirements.

For further insights into NOAH stock, check out TipRanks’ Stock Analysis page.