Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Trading Markets and Dividends
Our common stock, also referred to as ordinary shares, is listed on the New York Stock Exchange under the symbol “JHX” and as of April 30, 2026, there were 18 common shareholders of record, although we believe there is a significantly larger number of beneficial owners whose shares are held in street name by brokers and other nominees.
Additionally, we have listed our CUFS for trading on the ASX, through the Clearing House Electronic Subregister System (“CHESS”). CUFS are a form of depositary security that represent a beneficial ownership interest in the securities of a non-Australian corporation. Each of our CUFS represents the beneficial ownership of one share of common stock of JHI plc, the legal ownership of which is held by CHESS Depositary Nominees Pty Ltd (“CDN”). The CUFS are listed and traded on the ASX under the symbol “JHX.”
We did not pay any dividends during the years ended March 31, 2026 and 2025. We currently intend to retain earnings to finance the growth and development of our business and reduce our outstanding debt balance, and we do not expect to pay any cash dividends in the next year. P ayment of future dividends, if any, will be at the discretion of our board of directors and will depend on, among other things, our financial condition, results of operations, capital expenditure requirements, contractual restrictions, provisions of applicable law and other factors that our board of directors deems relevant.
Issuer Purchases of Equity Securities
Discussion of share buyback purchase programs and activity with respect to this item may be found in Note 17, “Capital Management” in the Notes to Consolidated Financial Statements. There were no shares of our common stock that were purchased by the Company or an affiliated purchaser during the fiscal year ended March 31, 2026.
Performance Graph
The following graph and table compare the cumulative total return on the Company’s common stock for the last five fiscal years to the S&P 400 Index and the S&P Materials Select Index. Prior to July 1, 2025, American Depositary Receipts (“ADRs”) representing the Company’s common stock were traded on the NYSE. On July 1, 2025, the NYSE listing converted to a direct listing of the Company’s common stock in connection with the closing of the AZEK transaction. The following graph and table use the NYSE trading prices (ADRs or common stock) for the full period for consistency and comparability with the US market indices presented. The graph assumes $100 was invested at US market close on March 31, 2021 in each of (1) the Company’s common stock, (2) the S&P 400 Index and (3) the S&P Materials Select Index and assumes reinvestment of dividends.
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3/31/2021 3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026
JHX-US $ 100.00 $ 98.59 $ 70.80 $ 132.31 $ 77.04 $ 61.94
S&P Materials $ 100.00 $ 111.91 $ 102.70 $ 118.43 $ 109.73 $ 127.54
SP400 Index $ 100.00 $ 103.24 $ 96.28 $ 116.75 $ 111.88 $ 129.40
The comparisons shown in the graph above are based on historical data, and are not indicative of, and are not intended to forecast, the potential future performance of our common stock. The performance graph and other information furnished under this Part II Item 5 of this Annual Report shall not be deemed “soliciting material” or to be “filed” with the SEC or subject to Regulation 14A or 14C, or to the liabilities of Section 18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any filing of James Hardie Industries plc under the Securities Act of or the Exchange Act, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing, unless we specifically incorporate it by reference into such filing.
ITEM 6. Reserved
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