ASX:JHXBasic Materials
James Hardie Industries (ASX:JHX) Is Down 5.3% After Russell Growth Index Removal Has The Bull Case Changed?
On 27 June 2026, James Hardie Industries plc (NYSE:JHX) was removed from several key Russell growth indices, including the Russell 1000 Growth, Russell 3000 Growth and Russell Midcap Growth benchmarks.
This broad index exclusion matters because it can alter the ownership base of the stock, especially among index-tracking and benchmark-aware institutional investors.
With James Hardie exiting multiple Russell growth benchmarks, we’ll now examine how this index removal affects the company’s...