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James Hardie Issues Restricted Stock Units to Employees

Story Highlights
  • James Hardie operates in the building materials industry, focusing on fiber cement products.
  • The company issued 582,736 restricted stock units under an employee incentive scheme.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
James Hardie Issues Restricted Stock Units to Employees

Confident Investing Starts Here:

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

James Hardie Industries PLC has announced the issuance of 582,736 restricted stock units under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and will not be quoted on the ASX until the restrictions are lifted, reflecting the company’s ongoing commitment to employee engagement and retention strategies.

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 solutions in exterior and interior building products, serving markets across North America, Europe, and Asia Pacific.

YTD Price Performance: -19.69%

Average Trading Volume: 2,930,425

Technical Sentiment Signal: Sell

Current Market Cap: A$17.28B

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

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