James Hardie (AU:JHX) has released an update.
James Hardie Industries sets a bold target to outfit approximately 25 million homes with its siding by 2035, doubling their current market presence. In support of this growth, the company plans to significantly expand its capacity, including a Brownfield expansion in Texas, and has increased its share buyback program to US$300 million. These steps underscore James Hardie’s commitment to long-term revenue growth and delivering shareholder value.
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