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James Hardie Strengthens Board with New Appointments and Announces ATO Ruling

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James Hardie Strengthens Board with New Appointments and Announces ATO Ruling

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

James Hardie Industries has announced the appointment of three new non-executive directors, Gary Hendrickson, Jesse Singh, and Howard Heckes, following its acquisition of The AZEK Company Inc. These appointments bring significant leadership and industry expertise to the board, enhancing James Hardie’s strategic growth and operational capabilities. Additionally, the company announced the retirement of non-executive director Harold Wiens, acknowledging his valuable contributions, including his role as Interim CEO in 2022. Furthermore, James Hardie received a draft class ruling from the Australian Taxation Office concerning capital gains tax implications for its Australian shareholders, which will be finalized and made available on the company’s website.

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 is a global leader in the building materials industry, specializing in the manufacture of fiber cement products. The company focuses on providing durable, sustainable, and innovative solutions for the construction and renovation markets, catering to both residential and commercial sectors.

Average Trading Volume: 3,189,469

Technical Sentiment Signal: Sell

Current Market Cap: A$16.74B

For an in-depth examination of JHX stock, go to TipRanks’ Overview page.

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