Noah Holdings Reports Ongoing ADS Buybacks With Stable Share Count as of March 18, 2026

The latest announcement is out from Noah Holdings ( (NOAH) ).

Noah Holdings Limited reported to the U.S. Securities and Exchange Commission on March 20, 2026, that its Hong Kong-listed unit, Noah Holdings Private Wealth and Asset Management Limited, had no change in its total issued ordinary share capital as of March 18, 2026, which remained at 335,258,287 shares. However, the disclosure detailed that between December 23, 2025, and January 28, 2026, the company repurchased multiple batches of American depositary shares on the New York Stock Exchange—together representing a series of small increments of ordinary shares earmarked for cancellation—under a mandate granted at its June 12, 2025 annual general meeting, signaling continued execution of its capital management and share buyback strategy.

These repurchases, although individually modest as a percentage of outstanding shares, cumulatively underscore management’s active approach to capital allocation and potential support for shareholder value. Investors will note that, as of the March disclosure, these repurchased shares had been redeemed or repurchased for cancellation but were not yet cancelled, implying a forthcoming technical reduction in the company’s share count once the cancellations are completed.

The most recent analyst rating on (NOAH) stock is a Hold with a $12.50 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, through Noah Holdings Private Wealth and Asset Management Limited, operates in the private wealth and asset management industry, serving high-net-worth and institutional clients. Listed in Hong Kong under stock code 06686 and also trading American depositary shares in New York, the group focuses on managing client assets and capital through a mix of onshore and offshore structures.

Average Trading Volume: 124,435

Technical Sentiment Signal: Buy

Current Market Cap: $810.9M

For an in-depth examination of NOAH stock, go to TipRanks’ Overview page.