Noah holdings announces us$50 million share repurchase program

Shanghai , aug. 28, 2024 /prnewswire/ -- noah holdings limited ("noah" or the "company") (nyse: noah and hkex: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for mandarin-speaking high-net-worth investors, today announced that as part of its commitment to enhancing shareholder returns, the board of directors of the company (the "board") authorized a share repurchase program under which the company may repurchase up to us$50 million of its american depositary shares or ordinary shares, effective immediately. the authorized term for carrying out this share repurchase program is two years.
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