James Hardie Issues New Securities under Employee Scheme

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

James Hardie Industries PLC announced the issuance of 322,380 CHESS Depositary Interests under an employee incentive scheme, which will be quoted on the ASX. This move is part of the company’s strategy to motivate and retain key management personnel by aligning their interests with company performance, thereby potentially impacting the company’s market positioning and stakeholder engagement positively.

More about James Hardie

James Hardie Industries PLC operates in the building materials industry, primarily producing fiber cement products. The company focuses on providing durable and innovative building materials solutions for residential and commercial construction markets.

YTD Price Performance: -18.64%

Average Trading Volume: 104,164

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $13.65B

Learn more about JHX stock on TipRanks’ Stock Analysis page.

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