James Hardie ( (AU:JHX) ) has shared an update.
James Hardie Industries has announced a substantial holding notice as required under ASX Listing Rule 3.17.3, indicating that BlackRock, Inc. has increased its total holdings and voting rights in the company to above 6%. This development signifies a notable change in the ownership structure of James Hardie, potentially impacting its governance and strategic decisions, while also reflecting BlackRock’s increased interest and confidence in the company’s market position.
More about James Hardie
James Hardie Industries plc is a company incorporated in Ireland, primarily involved in the building materials industry. The company is known for manufacturing fiber cement products and systems for internal and external building construction applications, focusing on markets in the USA, Australia, and other regions.
YTD Price Performance: -27.00%
Average Trading Volume: 87,712
Technical Sentiment Signal: Buy
Current Market Cap: $9.6B
Find detailed analytics on JHX stock on TipRanks’ Stock Analysis page.