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James Hardie Announces Change in Substantial Holdings

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James Hardie Announces Change in Substantial Holdings

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James Hardie ( (AU:JHX) ) has shared an update.

James Hardie Industries has announced a change in substantial holdings, with BlackRock, Inc.’s total holdings and voting rights falling below 6%. This adjustment in ownership may impact the company’s shareholder dynamics and influence its market positioning, as BlackRock is a significant institutional investor.

More about James Hardie

James Hardie Industries plc is a company incorporated in Ireland, primarily known for its manufacturing of building materials, particularly fiber cement products. The company operates globally, with a strong market presence in the United States, Australia, and other regions, focusing on providing durable and innovative solutions for the construction industry.

YTD Price Performance: -27.01%

Average Trading Volume: 87,712

Technical Sentiment Signal: Buy

Current Market Cap: $9.6B

See more insights into JHX stock on TipRanks’ Stock Analysis page.

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