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Management WILMINGTON, Del., May 08, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) is announcing the appointment of Ashish K. Kulkarni to its Board of Directors.
Key Points:
- WILMINGTON, Del., May 08, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) is announcing the appointment of Ashish K. Kulkarni to its Board of Directors.
- Kulkarni is the CEO of Kebotix, a startup company focused on commercializing artificial intelligence methods into new material commercialization.
- With the addition of Kulkarni and in anticipation of potential director retirements under the Board’s retirement and resignation policy, Ashland increases the size of the Board to 11 members.
- “I am pleased to welcome Ashish as a new director to the Ashland Board,” said Guillermo Novo, chair and chief executive officer, Ashland.
WILMINGTON, Del., May 07, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.405 cents per share on the company's common stock which represents a five percent increase from the previous quarter.
Key Points:
- WILMINGTON, Del., May 07, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.405 cents per share on the company's common stock which represents a five percent increase from the previous quarter.
- The dividend is payable on June 15, 2024, to stockholders of record at the close of business on June 1, 2024.
- As of April 30, 2024, there were 50,128,349 shares of Ashland common stock outstanding.
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Fine chemical WILMINGTON, Del., May 07, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) announced today that it has signed a definitive agreement to sell its nutraceuticals business to Turnspire Capital Partners LLC (“Turnspire”).
Key Points:
- WILMINGTON, Del., May 07, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) announced today that it has signed a definitive agreement to sell its nutraceuticals business to Turnspire Capital Partners LLC (“Turnspire”).
- The transaction is expected to close in the calendar third quarter 2024, subject to the satisfaction of customary closing conditions.
- “The nutraceuticals business has a strong portfolio of proprietary ingredients, formulation and manufacturing capabilities, and a dedicated team that has demonstrated a passion to grow over the years,” said Guillermo Novo, chair and chief executive officer, Ashland.
- “I want to thank the employees for their dedication and commitment to Ashland and to our customers.”
Citi is acting as financial advisor to Ashland.
WILMINGTON, Del., April 18, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced plans to issue its second-quarter earnings release at approximately 5 p.m.
Key Points:
- WILMINGTON, Del., April 18, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced plans to issue its second-quarter earnings release at approximately 5 p.m.
- The company’s live webcast with securities analysts will include an executive summary and detailed remarks.
- To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.
- Following the live event, an archived version of the webcast and supporting materials will be available on the Ashland website for 12 months.
WILMINGTON, Del., April 15, 2024 (GLOBE NEWSWIRE) -- Effective today, Ashland Inc. (NYSE: ASH) has announced the appointment of Scott A. Tozier, strategic advisor to the CEO and former executive vice president and chief financial officer of Albemarle Corporation to its Board of Directors.
Key Points:
- WILMINGTON, Del., April 15, 2024 (GLOBE NEWSWIRE) -- Effective today, Ashland Inc. (NYSE: ASH) has announced the appointment of Scott A. Tozier, strategic advisor to the CEO and former executive vice president and chief financial officer of Albemarle Corporation to its Board of Directors.
- Tozier will serve on the Board's Audit Committee and Environmental, Health, Safety and Quality Committee, each also effective April 15, 2024.
- With the addition of Tozier, Ashland temporarily increases the size of the Board to 10 members until the next Annual Stockholders Meeting in January 2025.
- “I am delighted to welcome Scott as a new director to the Ashland Board,” said Guillermo Novo, chair and chief executive officer, Ashland.
, April 03, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH), the global additives and specialty ingredients company today announced executive organization changes to its personal care and specialty additives businesses.
Key Points:
- , April 03, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH), the global additives and specialty ingredients company today announced executive organization changes to its personal care and specialty additives businesses.
- Jim Minicucci, senior vice president strategy, mergers and acquisitions, and portfolio management, Ashland, becomes senior vice president and general manager, personal care, Ashland.
- Effective April 15, 2024, Dago Caceres, will become vice president and general manager, specialty additives, Ashland.
- The company will announce the new leader for strategy, mergers and acquisitions, and portfolio management soon.
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Toy Ashland also announced its Responsible Solvers™ employee engagement and speaker series for 2024 which includes external and internal speakers.
Key Points:
- Ashland also announced its Responsible Solvers™ employee engagement and speaker series for 2024 which includes external and internal speakers.
- The series also includes information about safety, sustainable sourcing, commercial innovations and more.
- “Through the Ashland Women’s International Network (AWIN), we are raising the visibility of exceptionally inspirational women,” said Guillermo Novo, chair and chief executive officer, Ashland.
- Our commitment reinforces Ashland’s passion for STEM, its pervasiveness in our lives, and contributions to our business success,” concluded Novo.
Retrieved on:
Tuesday, January 30, 2024
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Video game WILMINGTON, Del., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced financial results1 for the first quarter of fiscal year 2024, which ended December 31, 2023, and issued its outlook for second quarter and full-year fiscal 2024. The global additives and specialty ingredients company holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings.
Key Points:
- Sales in the first quarter were $473 million, down 10 percent versus the prior-year quarter.
- Ashland repurchased 1.2 million shares during the first quarter and now has $900 million remaining under the existing evergreen share repurchase authorization.
- The first quarter of fiscal year 2024 cash flows provided by operating activities includes the favorable impact of the new Foreign Accounts Receivable Sales Program.
- “Financial results in the December quarter yielded adjusted EBITDA above the outlook range we issued on November 8, 2023,” said Guillermo Novo, chair and chief executive officer, Ashland.
WILMINGTON, Del., Jan. 22, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock.
Key Points:
- WILMINGTON, Del., Jan. 22, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock.
- The dividend is payable on March 15, 2024, to stockholders of record at the close of business on March 1, 2024.
- As of December 31, 2023, there were 50,094,986 shares of Ashland common stock outstanding.
Retrieved on:
Tuesday, January 16, 2024
WILMINGTON, Del., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced plans to issue its first-quarter earnings release at approximately 5 p.m.
Key Points:
- WILMINGTON, Del., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced plans to issue its first-quarter earnings release at approximately 5 p.m.
- The company’s live webcast with securities analysts will include an executive summary and detailed remarks.
- To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.
- Following the live event, an archived version of the webcast and supporting materials will be available on the Ashland website for 12 months.
