AZEK's Trading Volume Drops 66.46% to $430 Million, Ranks 201st as James Hardie Acquisition Looms

On March 25, 2025, AZEK's trading volume was $430 million, a 66.46% decrease from the previous day, ranking 201st in the day's stock market. AZEK rose 0.95%, marking two consecutive days of gains, with a total increase of 18.43% over the past two days.

James Hardie Industries has agreed to acquire The AZEK Company Inc. in a deal valued at $8.75 billion. The acquisition will combine the two outdoor building materials firms, creating a leading exterior and outdoor living brand. Under the terms of the deal, AZEK shareholders will receive $26.45 in cash and 1.034 ordinary shares of James Hardie for each share of AZEK stock. The transaction is expected to close in the second half of the year.

The merger is set to enhance James Hardie's market expansion efforts, leveraging AZEK's strong brand portfolio, which includes TimberTech decking and railing, Versatex, StruXure pergolas, and AZEK Trim. This strategic move is anticipated to strengthen James Hardie's position in the building supply sector, offering a comprehensive range of outdoor living products to customers.