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James Hardie Director Adjusts Shareholdings for Tax Obligations

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James Hardie Director Adjusts Shareholdings for Tax Obligations

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James Hardie ( (AU:JHX) ) has provided an announcement.

James Hardie Industries has announced a change in the director’s interest, with Jesse Singh disposing of 86,331 ordinary shares valued at approximately US$2.37 million. This transaction was made to cover tax liabilities associated with the vesting of restricted stock units, reflecting a strategic financial decision impacting the director’s holdings.

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 focusing on the production of fiber cement products. The company is known for its innovative and durable construction materials, serving markets globally with a strong emphasis on sustainable building solutions.

Average Trading Volume: 3,322,269

Technical Sentiment Signal: Sell

Current Market Cap: A$23.73B

For a thorough assessment of JHX stock, go to TipRanks’ Stock Analysis page.

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