NOAH - Noah Holdings Limited Announces Results of Annual General Meeting and Payment of Final Dividend and Special Dividend | Benzinga
SHANGHAI, June 12, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE:NOAH), 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 its annual general meeting (the "AGM") was held in Hong Kong on June 12, 2024 and all the proposed resolutions submitted for shareholders' approval as set forth in the notice of the AGM dated April 24, 2024 were duly passed at the AGM.
The Company also announced that it will distribute (i) final dividend of RMB509.0 million (approximately US$70.2 million based on the latest exchange rates available as of the date of this announcement) in aggregate (with a distribution ratio of RMB1.54 (equivalent to approximately US$0.21, or approximately HK$1.66) per share (tax inclusive)) in respect of the year ended December 31, 2023; and (ii) special dividend of RMB509.0 million (approximately US$70.2 million based on the latest exchange rates available as of the date of this announcement) in aggregate (with a distribution ratio of RMB1.54 (equivalent to approximately US$0.21, or approximately HK$1.66 based on the latest exchange rates available as of the date of this announcement ) per share (tax inclusive)), to Shareholders whose names appear on the register of members of the Company as of the close of business on July 3, 2024 (the "Dividend Record Date"). The distribution ratio per share is subject to adjustment to the number of shares of the Company entitled to dividend distribution as of the Dividend Record Date and the equivalent U.S. dollars amount and Hong Kong dollars amount are also subject to ...