James Hardie Industries (JHX) announced a buyback plan authorization on August 20, 2026. The authorization permits the company to repurchase its own shares; no purchase figures are disclosed in the announcement, and an authorization is not a completed purchase.
For existing holders, a buyback program reduces the total share count over time as purchases are made, concentrating ownership among remaining shareholders. For short sellers, the picture is relatively calm: short interest sits at 2.1% of free float, with just 11.5 million shares sold short and a cost to borrow of 0.36% — a very low borrowing cost. Days to cover stands at 1.6, meaning the short position is small and liquid relative to normal trading volume.
See the live data behind this article on ORTEX.
Open JHX on ORTEX →ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
