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James Hardie ( (AU:JHX) ) has issued an announcement.
James Hardie Industries has announced a substantial holding notice, indicating that AustralianSuper Pty Ltd’s shareholding in the company has fallen below the 3% threshold, now standing at 2.64% of the ordinary share capital. This change in shareholding could have implications for the company’s market dynamics and investor relations, as it reflects a significant adjustment in the ownership structure.
The most recent analyst rating on (AU:JHX) stock is a Sell with a A$26.00 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, operating in the building materials industry. It specializes in the production of fiber cement products and systems for internal and external building construction applications, with a strong market presence in the USA, Australia, and other regions.
Average Trading Volume: 3,617,933
Technical Sentiment Signal: Sell
Current Market Cap: A$18.41B
See more data about JHX stock on TipRanks’ Stock Analysis page.