James Hardie's ASX-listed shares rise on US plants closure, forecast reaffirmation

James Hardie Industries

15/01/2026 23:19

** ASX-listed shares of James Hardie JHA1.F, JHX.AX rise as much as 2.3% to A$35.790, hitting their highest level since Aug. 19

** Fibre cement maker reaffirms its third-quarter and FY26 forecast

** Co shuts down manufacturing plants in California, South Carolina, others

** Expects to generate annualized cost savings of about $25 million

** Stock lost 38% in 2025; up over 15% so far this year, including current session's moves

** JHX up over 10% this week

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))