Noah Holdings Announces Plans For Share Subdivision And, Board Lot Size Adjustment
Portfolio Pulse from Benzinga Newsdesk
Noah Holdings has announced plans for a share subdivision and adjustment of the board lot size. The move is expected to increase liquidity and make the stock more accessible to investors.
August 29, 2023 | 5:29 am
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POSITIVE IMPACT
Noah Holdings' share subdivision and board lot size adjustment is expected to increase the stock's liquidity and accessibility, potentially attracting more investors.
Share subdivisions and board lot size adjustments are typically done to make a stock more affordable and attractive to a broader range of investors. This could increase demand for the stock, potentially driving up its price in the short term.
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