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James Hardie Announces Quotation of New Securities on ASX

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James Hardie Announces Quotation of New Securities on ASX

Elevate Your Investing Strategy:

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

James Hardie Industries PLC has announced the application for the quotation of 1,998 CHESS Depositary Interests on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme, indicating the company’s commitment to rewarding its workforce and potentially enhancing employee engagement. The issuance of these securities may have implications for the company’s market presence and stakeholder interests.

The most recent analyst rating on (AU:JHX) stock is a Buy with a A$55.00 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 known for its production of fiber cement products. The company focuses on providing durable and sustainable building solutions, catering to both residential and commercial markets.

Average Trading Volume: 2,900,671

Technical Sentiment Signal: Sell

Current Market Cap: A$17.88B

Learn more about JHX stock on TipRanks’ Stock Analysis page.

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