Noah Holdings Details $18.5M-$22.5M Share Repurchase for Cancellation
NOAH is trading near its 52-week low of $9.53 (9.5% above the low).
Summary
Noah Holdings filed a detailed update on its share repurchase program, confirming the buyback of 1.88 million ADSs for cancellation, valued between $18.5 million and $22.5 million, from December 2025 to May 2026.
Key Events · Financing and Capital Events · NOAH
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Share Repurchase Details
The company repurchased 1,875,787 ADSs (equivalent to 9,378,935 ordinary shares) on the New York Stock Exchange from December 23, 2025, to May 31, 2026.
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Repurchase Value
The weighted average repurchase prices ranged from US$9.876 to US$12.000 per ADS, indicating a total value between approximately $18.5 million and $22.5 million.
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Pending Cancellation
The repurchased ADSs are intended for cancellation but have not yet been formally cancelled as of May 31, 2026.
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Ongoing Capital Program Update
This filing provides specific details for an ongoing share repurchase program, building on prior disclosures regarding buybacks for the same period.
Analysis · NOAH · Finance
This 6-K provides specific details on the company's ongoing share repurchase program, confirming the buyback of 1,875,787 ADSs (equivalent to 9,378,935 ordinary shares) between December 2025 and May 2026. The repurchases, valued between $18.5 million and $22.5 million, are intended for cancellation, signaling management's confidence and commitment to enhancing shareholder value by reducing the outstanding share count.
At the time of this filing, NOAH was trading at $10.44 on NYSE in the Finance sector, with a market capitalization of approximately $690.8M. The 52-week trading range was $9.53 to $12.84. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.