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James Hardie Announces Quotation of New Securities on ASX

Story Highlights
  • James Hardie focuses on fiber cement products in the building materials industry.
  • The company applied for quotation of 54,757 securities on the ASX as part of an employee incentive scheme.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
James Hardie Announces Quotation of New Securities on ASX

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James Hardie ( (AU:JHX) ) just unveiled an announcement.

James Hardie Industries PLC has announced the application for quotation of 54,757 securities on the Australian Securities Exchange (ASX) under the code JHX. This move is part of an employee incentive scheme, indicating the company’s efforts to align employee interests with shareholder value and potentially enhance its market positioning.

The most recent analyst rating on (AU:JHX) stock is a Buy with a A$39.00 price target. To see the full list of analyst forecasts on James Hardie stock, see the AU:JHX Stock Forecast page.

More about James Hardie

James Hardie Industries PLC operates in the building materials industry, primarily focusing on the production of fiber cement products. The company is known for its innovative solutions in the construction sector, catering to both residential and commercial markets globally.

Average Trading Volume: 2,447,471

Technical Sentiment Signal: Sell

Current Market Cap: A$19.25B

For a thorough assessment of JHX stock, go to TipRanks’ Stock Analysis page.

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