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NOAH Buyback image

Noah Holdings Limited Buyback

OLI recorded this information on 11/30/2020

Company: Noah Holdings Limited
Buyback: NOAH buyback
$Amount Authorized: $100,000,000
Buyback Details: Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading wealth and asset management service provider in China with a focus on global investment and asset allocation services for high net worth individuals and enterprises, today announced that its board of directors has approved a share repurchase program ("Share Repurchase Program"), under which Noah is authorized to repurchase up to US$100 million worth of its issued and outstanding American Depositary Shares, two of which represent one Class A Ordinary Share, over the course of two years ("Share Repurchase Program").

Noah Holdings is a holding company. Through its subsidiaries, Co. is engaged as a wealth and asset management service provider in People's Republic of China with a focus on global investment and asset allocation services for individuals and enterprises. Through its licensed distribution channels, Co. provides various investment products, including primarily domestic and overseas public securities products and insurance products, on behalf of its third-party product partners and its subsidiary, Gopher Asset Management Co., Ltd., and its subsidiaries. Co. also provides customized financial services to its clients, including investor education, trust services, and insurance brokerage services.
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NOAH — Key Stats (updated 21 hours, 26 minutes ago)
Company Name:  Noah Holdings Ltd
Stock buyback:  NOAH buyback
Website:  www.noahgroup.com
Sector:  Asset Management
Number of ETFs Holding NOAH:  10
Total Market Value Held by ETFs:  $5.89M
 

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April 20, 2024  •  8:17 AM Eastern
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Avg. Broker Rec.

Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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