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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 467,137 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

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

James Hardie Industries PLC has announced the issuance of 467,137 restricted stock units under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions, reflecting the company’s strategy to incentivize its workforce and align employee interests with corporate goals, potentially impacting its operational efficiency and market positioning.

The most recent analyst rating on (AU:JHX) stock is a Buy with a A$41.70 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, specializing in the production of fiber cement products. The company focuses on providing durable and sustainable building solutions, catering primarily to the construction and renovation markets.

YTD Price Performance: -39.23%

Average Trading Volume: 4,338,822

Technical Sentiment Signal: Sell

Current Market Cap: A$17.63B

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

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