James Hardie (AU:JHX) has released an update.
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James Hardie Industries has received a substantial holding notice after Challenger Limited, via its subsidiary Fidante Partners Limited, experienced a decrease in their shareholding to 3.5876% from 4.0019%. The change, which crossed a percentage threshold, was disclosed in compliance with the Companies Act 2014, and indicates a notable shift in the company’s share capital structure.
For further insights into AU:JHX stock, check out TipRanks’ Stock Analysis page.