Noah Holdings Board Approves New Capital Management And Shareholder Return Policy

Noah Holdings Ltd. Sponsored ADR Class A -1.78%

Noah Holdings Ltd. Sponsored ADR Class A

NOAH

13.83

-1.78%

The company's Board has adopted a new capital management and shareholder return policy where up to 50% the company's non-GAAP net income attributable to shareholders of the preceding financial year will be allocated to a Corporate Actions Budget which will serve various purposes, including dividend distribution and share repurchases.

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