Noah Holdings (NOAH) Announces $50M Buyback
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Noah Holdings Limited Announces US$50 Million Share Repurchase Program
June 29, 2017 6:00 AM EDT
SHANGHAI, June 29, 2017 /PRNewswire/ -- 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 authorized a share repurchase program. Effective on July 8, 2017, the Company is authorized to repurchase up to $50 million of its issued and outstanding American Depositary Shares (ADSs) for a 12-month period (the "2017 Share Repurchase Plan"). Over the past 12 months, the Company has... More
