James Hardie announces new securities listing on the ASX

James Hardie announces new securities listing on the ASX

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

James Hardie Industries PLC has announced a new application to list securities on the Australian Securities Exchange (ASX). The announcement includes the issuance of CHESS Depositary Interests, which are part of an employee incentive program. This move could potentially improve the company's market presence and provide stakeholders with additional liquidity options.

The most recent analyst rating for the stock (AU:JHX) is “Hold” with a price target of A$27.00. To see the full list of analyst forecasts for James Hardie stock, visit AU:JHX Stock Forecast Page..

More about James Hardie

James Hardie Industries PLC operates in the building materials industry and specializes in the manufacture of fiber cement products. The company focuses on providing durable and sustainable building materials for residential and commercial construction.

YTD price history: -48.49%

Average trading volume: 2,984,303

Technical sentiment signal: Sell

Current market capitalization: A$14.94 billion

For detailed information on JHX stock, please visit TipRanks stock analysis page.

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