$JHX (JAMES HARDIE INDUSTRIES) — 8-K: James Hardie to sell Fermacell to Holcim for $840M; adds $250M buyback

James Hardie will sell its Fermacell European walling and flooring business, including fermacell and Aestuver brands, to Holcim for 840 million, or approximately $980 million USD, in cash. The Company also intends to close its European fiber cement business. Approximately $600 million of proceeds is expected to repay debt, accelerating progress toward net leverage below 2.0x by September 30, 2027. The Board authorized a new $250 million share repurchase program, and the transaction is expected to close in the first half of calendar 2027.

James Hardie will sell its Fermacell European walling and flooring business, including fermacell and Aestuver brands, to Holcim for 840 million, or approximately $980 million USD, in cash. The Company