Company Interview / Market Update | James Hardie, Nine Entertainment, Vinyl Group, Eagers Automotive, Superloop

James Hardie (ASX:JHX) says it will "vigorously defend" a class action brought about by shareholders. The company has been served with a class action in Victoria's Supreme Court covering shareholders who bought securities between May and August 2025. The proceeding alleges breaches of disclosure laws and the Australian Consumer Law regarding forward-looking statements about financial performance. James Hardie denies the allegations and says it complied with disclosure obligations.

Nine Entertainment (ASX:NEC) has agreed to sell Pedestrian Group to Vinyl Group (ASX:VNL) as part of a broader portfolio alignment. Vinyl will acquire Pedestrian for nominal consideration. Nine has also sold its stake in Future Women to founder, Helen McCabe.

Eagers Automotive (ASX:APE) says it will continue its on market share buyback of up to ten percent of issued capital. The company says the buyback will run for a further 12 months from July 1st, 2026.

And Superloop (ASX: SLC) chief executive, Paul Tyler, has sold $1.8 million dollars worth of shares. That's to fund tax obligations linked to the exercise of performance rights and share options.