Noah Holdings Details Ongoing ADS Buybacks With Stable Share Count as of April 1, 2026

Noah Holdings ( (NOAH) ) has shared an update.

Noah Holdings Limited reported to the U.S. Securities and Exchange Commission in early April 2026 that there were no changes in its total issued share capital on April 1, 2026, with 337,233,937 ordinary shares outstanding. The disclosure, dated April 2, 2026 and filed on April 8, 2026, also detailed a series of ADS repurchases conducted on the New York Stock Exchange between December 23, 2025 and late January 2026 under a June 12, 2025 buyback mandate, with these shares earmarked for cancellation but not yet cancelled as of the reporting date, signaling ongoing capital management efforts that modestly reduce free float over time.

These repurchases, executed almost daily over several weeks at prices slightly above USD 2 per ADS, represent small incremental percentages of Noah’s share base but underscore management’s continued use of buybacks to return capital and potentially support the stock. For investors, the filing confirms that, despite the active repurchase program, the company’s overall issued share count remained stable as of April 1, 2026, while a pipeline of repurchased shares awaits formal cancellation, which may gradually enhance earnings per share once processed.

The most recent analyst rating on (NOAH) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Noah Holdings stock, see the NOAH Stock Forecast page.

Spark’s Take on NOAH Stock

According to Spark, TipRanks’ AI Analyst, NOAH is a Neutral.

Noah Holdings’ overall stock score reflects strong financial stability and attractive valuation, offset by technical weakness and revenue challenges. The company’s strategic growth initiatives and profitability improvements are positive, but declining revenues and bearish technical indicators weigh on the score.

To see Spark’s full report on NOAH stock, click here.

More about Noah Holdings

Noah Holdings Limited is a Shanghai-based foreign private issuer listed in Hong Kong and the U.S., operating through Noah Holdings Private Wealth and Asset Management Limited. The group focuses on private wealth and asset management, offering investment products and advisory services to high-net-worth and institutional clients, with its equity traded in the form of ordinary shares and ADSs.

Average Trading Volume: 151,085

Technical Sentiment Signal: Sell

Current Market Cap: $820.3M

Learn more about NOAH stock on TipRanks’ Stock Analysis page.