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James Hardie Director Increases Stake Through Equity Plan Grant

Story Highlights
  • James Hardie director Suzanne Rowland received 569 new ordinary shares, lifting her direct holding to 6,455 shares.
  • The routine equity grant under the 2020 director plan aligns board incentives with shareholders, with no trades in a closed period.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
James Hardie Director Increases Stake Through Equity Plan Grant

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

James Hardie Industries has disclosed a change in the shareholding of non-executive director Suzanne B. Rowland, following the issuance of additional ordinary shares under the company’s 2020 Non-Executive Director Equity Plan. Rowland’s direct holding increased by 569 ordinary shares, bringing her direct interest to 6,455 shares while her indirect beneficial holding through Cede & Co. remains at 5,770 shares.

The transaction, valued at about US$14,298.97, reflects ongoing use of equity-based compensation to align director interests with those of shareholders. The filing indicates there were no related contracts affected and confirms the change did not occur during a closed trading period, suggesting routine governance rather than any extraordinary corporate development.

The most recent analyst rating on (AU:JHX) stock is a Hold with a A$30.00 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 global building materials company best known for manufacturing fiber cement siding and related construction products. The group primarily serves residential and commercial construction markets, supplying exterior and interior cladding solutions to builders, remodelers, and homeowners in key regions including North America, Europe, and Asia-Pacific.

Average Trading Volume: 2,358,257

Technical Sentiment Signal: Sell

Current Market Cap: A$16.81B

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

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