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James Hardie Issues 220,058 Restricted Stock Units Under Employee Incentive Scheme

Story Highlights
  • James Hardie issued 220,058 restricted stock units under its employee incentive plan.
  • The unquoted RSUs support employee retention and alignment without signaling major strategic change.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
James Hardie Issues 220,058 Restricted Stock Units Under Employee Incentive Scheme

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An update from James Hardie ( (AU:JHX) ) is now available.

James Hardie Industries has issued 220,058 restricted stock units (RSUs) under its employee incentive scheme, with the units recorded as unquoted securities on the ASX and subject to transfer restrictions until vesting conditions are met. The move underscores the company’s ongoing use of equity incentives as a tool for talent retention and alignment of employee and shareholder interests, but does not alter its capital structure in a way that suggests an immediate strategic shift or operational change for stakeholders.

The most recent analyst rating on (AU:JHX) stock is a Hold with a A$33.00 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 building materials manufacturer best known for its fiber cement siding and related exterior and interior construction products, serving residential and commercial construction markets globally. The company is listed on the ASX under the code JHX and routinely uses equity-based compensation to align management and employees with shareholder interests.

Average Trading Volume: 4,594,601

Technical Sentiment Signal: Sell

Current Market Cap: A$18.16B

Find detailed analytics on JHX stock on TipRanks’ Stock Analysis page.

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