The AZEK Company stock left NYSE after USD 8.75 billion deal

The AZEK Company stock left the NYSE after James Hardie completed its USD 8.75 billion acquisition on July 1, 2025. AZEK shareholders received USD 26.45 in cash and 1.0340 James Hardie shares for each AZEK share, according to Yahoo Finance.

AZEK became part of Hardie

The transaction changed AZEK from an independently traded building materials company into a portfolio inside James Hardie. The deal combined James Hardie's fiber cement products with AZEK and TimberTech PVC and composite exterior products, as Sierra Siding explains.

The consideration gives the former AZEK security a precise historical benchmark: USD 26.45 in cash plus 1.0340 parent shares. The USD 8.75 billion transaction value included assumed debt, making the acquisition materially larger than the cash payment alone, according to Yahoo Finance.

Integration now drives the story

On September 15, 2026, James Hardie held its first Investor Day since combining with AZEK. The parent company said it expects USD 125 million of cost synergies approximately one year ahead of schedule and anticipates USD 500 million of revenue synergies, according to its investor-relations release.

That shift matters for the former AZEK equity story because the relevant value creation now sits in the parent company rather than in a separately quoted AZEK share. The September 2026 targets connect AZEK's exterior products with James Hardie's wider distribution platform and put integration execution ahead of a standalone AZEK earnings narrative.

Former listing defines the security

AZEK shares ceased trading on the NYSE after the July 1, 2025 completion date. For investors reviewing historical AZEK quotations, the acquisition terms and the former NYSE listing are therefore the key reference points, while post-merger operating figures belong to James Hardie's combined business.