Noah Holdings Limited Announces US$50 Million Share Repurchase Program

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Go back to Noah Holdings Limited Announces US$50 Million Share Repurchase Program

Noah Holdings (NOAH) Announced $50M Common Stock Buyback Plan

July 8, 2015 8:03 AM EDT

Noah Holdings (NYSE: NOAH) announced that its board of directors has approved a share repurchase program, effective immediately, which authorizes the Company to repurchase up to US$50 million worth of its issued and outstanding American Depositary Shares ("ADSs") over the course of one year.

In addition to the Company's share repurchase program, three executive directors, Ms. Jingbo Wang,... More