BlackRock (JHX) discloses 1.2% stake in James Hardie Industries
Rhea-AI Filing Summary
BlackRock, Inc. has filed an amended Schedule 13G reporting its beneficial ownership in James Hardie Industries plc common stock. BlackRock reports beneficial ownership of 5,297,422 shares, representing 1.2% of the outstanding common stock. It has sole voting power over 5,038,227 shares and sole dispositive power over 5,297,422 shares, with no shared voting or dispositive power.
The filing states that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of James Hardie Industries. Various clients have the right to receive dividends or sale proceeds from these shares, but no single client holds more than five percent of the company’s total outstanding common shares.
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FAQ
What stake does BlackRock report in James Hardie Industries (JHX)?
BlackRock, Inc. reports beneficial ownership of 5,297,422 shares of James Hardie Industries plc common stock, representing 1.2% of the class.
How much voting power does BlackRock have in James Hardie Industries (JHX)?
BlackRock reports sole voting power over 5,038,227 shares and no shared voting power in James Hardie Industries plc common stock.
Is BlackRock’s holding in JHX intended to influence control of the company?
The certification states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of James Hardie Industries plc.
Who ultimately benefits from the JHX shares held by BlackRock?
The filing explains that various persons have rights to receive dividends or sale proceeds from the JHX shares managed by BlackRock, but no one person’s interest exceeds five percent of the total outstanding common shares.
What type of filer is BlackRock in this Schedule 13G/A for JHX?
BlackRock, Inc. identifies itself as a parent holding company or control person, reflected by the type code HC in the ownership section.
What class of securities in James Hardie Industries (JHX) does BlackRock hold?
BlackRock reports beneficial ownership of Common Stock of James Hardie Industries plc, identified by CUSIP G4253H119.