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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 issued an update.

James Hardie Industries has released a substantial holding notice as per the ASX Listing Rule 3.17.3, indicating a change in voting rights due to an acquisition or disposal. The notification reveals that State Street Corporation and its affiliates have adjusted their holdings, resulting in a voting rights position of below 3.00%. This change in holdings could impact the company’s shareholder structure and influence future corporate decisions.

The most recent analyst rating on (AU:JHX) stock is a Buy with a A$40.00 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 is a company incorporated in Ireland, primarily operating in the building materials industry. It is known for manufacturing fiber cement products, which are widely used in construction and renovation projects. The company focuses on providing durable and sustainable building solutions, catering to markets in the United States, Europe, and Asia.

Average Trading Volume: 3,082,806

Technical Sentiment Signal: Sell

Current Market Cap: A$14.71B

See more data about JHX stock on TipRanks’ Stock Analysis page.

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