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James Hardie buys back shares worth $US35m

AAP logoAAP 4/09/2016 Lilly Vitorovich

Building products supplier James Hardie Industries has agreed to buy back 2.16 million of its shares, valued at around $US35 million ($46 million), from investment bank Goldman Sachs Financial Markets.

The repurchase is part of James Hardie's previously announced $US100 million share buy-back.

James Hardie on Monday said the shares will be delivered by Goldman Sachs two trading days after the repurchase.

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