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James Hardie ( (AU:JHX) ) has shared an announcement.
James Hardie Industries PLC has announced a new application for the quotation of securities on the ASX. This move involves the issuance of CHESS Depositary Interests under an employee incentive scheme, which signals the company’s ongoing commitment to employee engagement and retention. The announcement may impact the company’s market position by potentially increasing liquidity and aligning employee interests with shareholder value.
The most recent analyst rating on (AU:JHX) stock is a Hold with a A$33.00 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, serving markets with a strong emphasis on durability and sustainability.
YTD Price Performance: -42.36%
Average Trading Volume: 3,323,676
Technical Sentiment Signal: Sell
Current Market Cap: A$16.72B
Find detailed analytics on JHX stock on TipRanks’ Stock Analysis page.