James Hardie buys back shares worth $US35m

James Hardie has agreed to buy back 2.1 million of its shares, worth $US35 million, as part of its previously announced $US100 million buy-back.

Building products supplier James Hardie has agreed to buy back 2.16 million of its shares. (AAP)

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.