reports
Ashland reports financial results1 for second quarter fiscal 2024; iss...
Ashland reports financial results1 for second quarter fiscal 2024; issues outlook for third quarter and full-year fiscal 2024 Sales of $575 million, down five percent from the prior-year quarterNet income (including discontinued operations) of $120 million, or $2.39 per diluted shareIncome from continuing operations of $121 million, or $2.40 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $64 million, or $1.27 per diluted shareAdjusted EBITDA of $126 millionCash flows provided by operating activities of $54 million; ongoing free cash...
Ashland sets date for fiscal 2024 second-quarter earnings release and ...
Ashland sets date for fiscal 2024 second-quarter earnings release and conference call webcast 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. ET on Tuesday, April 30, 2024. The company’s live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, May 1. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at . Among those ...
Ashland announces executive organization changes to personal care and ...
Ashland announces executive organization changes to personal care and specialty additives WILMINGTON, Del. , 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...
Ashland drives gender parity, shines spotlight on the inspirational po...
Ashland drives gender parity, shines spotlight on the inspirational power of women from lab bench to real life, and announces Responsible Solvers™ speaker series Company increases support for greenlight4girls WILMINGTON, Del., March 08, 2024 (GLOBE NEWSWIRE) -- In recognition of International Women’s Day, Ashland Inc. (NYSE: ASH) is shining a spotlight on 30 inspirational female solvers from across the company to recognize their contributions, reinforce gender equity, drive parity, and help fuel inspiration for women in every corner of the world. During the annual event, organized by...
Ashland reports financial results1 for first quarter fiscal 2024; issu...
Ashland reports financial results1 for first quarter fiscal 2024; issues outlook for second quarter and full-year fiscal 2024 Sales of $473 million, down 10 percent from the prior-year quarterNet income (including discontinued operations) of $26 million, or $0.51 per diluted shareIncome from continuing operations of $28 million, or $0.54 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $23 million, or $0.45 per diluted shareAdjusted EBITDA of $70 millionCash flows provided by operating activities of $201 million; ongoing free ca...
Ashland board authorizes quarterly dividend
Ashland board authorizes quarterly dividend 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. About Ashland Ashland Inc. (NYSE: ASH) is a global additives and specialty ingredients company with a conscious and proactive mindset for environm...
Ashland sets date for fiscal 2024 first-quarter earnings release and c...
Ashland sets date for fiscal 2024 first-quarter earnings release and conference call webcast 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. ET on Tuesday, January 30, 2024. The company’s live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, January 31, 2024. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at . Am...
Ashland announces organization changes to finance and strategy, M&A an...
Ashland announces organization changes to finance and strategy, M&A and portfolio teams WILMINGTON, Del., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH), the global additives and specialty ingredients company today announced organization changes to its finance and strategy, mergers and acquisitions (M&A) and portfolio teams, effective immediately. Seth Mrozek, director of investor relations (IR), Ashland, becomes director, portfolio strategy, Ashland, reporting to Jim Minicucci, senior vice president strategy, M&A and portfolio management, Ashland. William Whitaker, vice...
Ashland’s Carolmarie Brown tapped for top Women in Business by Delawar...
Ashland’s Carolmarie Brown tapped for top Women in Business by Delaware Today and the Delaware Business Times The yearly award singles out women whose contributions to the Delaware business community are both unique and impactful; the depth and breadth of Carolmarie Brown’s experience at Ashland, DuPont and more underscore the powerful impact women can have on business WILMINGTON, Del., Dec. 04, 2023 (GLOBE NEWSWIRE) -- As a female business executive, strategist, marketing and communications expert and philanthropist, Carolmarie Brown understands how to shape the brand and reputation of...
Ashland announces validation of comprehensive science-based greenhouse...
Ashland announces validation of comprehensive science-based greenhouse gas emissions reductions targets WILMINGTON, Del., Nov. 30, 2023 (GLOBE NEWSWIRE) -- The Science Based Targets initiative (SBTi) has validated the science-based greenhouse gas (GHG) emissions reductions targets submitted by Ashland Inc. (NYSE: ASH) as conforming with the SBTi Criteria and Recommendations. The company has joined more than 6,500 businesses who have committed to the SBTi to reduce emissions in line with climate science. Ashland has set near-term science-based targets across scopes one, two, and three in...
Ashland publishes 2022 Environmental, Social and Governance Report onl...
Ashland publishes 2022 Environmental, Social and Governance Report online, sets stage for comprehensive Science Based Targets Report shows how ESG practices and programs are reshaping innovation and delivering greater transparency while forging deeper ties with communities, partners, suppliers, and customers WILMINGTON, Del., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) has published its 2022 online which builds links between the company’s technology platform innovations, market leadership positions and ESG practices and programs. The report also frames the company’s pr...
Ashland Board appoints Sanat Chattopadhyay, executive vice president, ...
Ashland Board appoints Sanat Chattopadhyay, executive vice president, Merck & Company, as new director effective November 13, 2023 WILMINGTON, Del., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) has announced the appointment of Sanat Chattopadhyay, executive vice president of Merck & Company (NYSE: MRK) to its Board of Directors. Chattopadhyay will serve on the Board's Environmental, Health, Safety, and Quality and Governance and Nominating Committees, effective November 13, 2023. Prior to Merck, Chattopadhyay held leadership positions at Wyeth Pharmaceuticals, Aventis, Hoec...
Ashland board authorizes quarterly dividend
Ashland board authorizes quarterly dividend WILMINGTON, Del., Nov. 13, 2023 (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 December 15, 2023, to stockholders of record at the close of business on December 1, 2023. As of September 30, 2023, there were 51,254,849 shares of Ashland common stock outstanding. About Ashland Ashland Inc. (NYSE: ASH) is a global additives and specialty ingredients company with a conscious and proactive mindset for e...
Ashland reports financial results1 for fourth-quarter fiscal 2023; iss...
Ashland reports financial results1 for fourth-quarter fiscal 2023; issues outlook for first-quarter fiscal 2024 Sales of $518 million, down eighteen percent from the prior-year quarterNet loss (including discontinued operations) of $4 million, or $0.07 per diluted shareLoss from continuing operations of $8 million, or $0.15 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $21 million, or $0.41 per diluted shareAdjusted EBITDA of $74 millionCash flows provided by operating activities of $130 million; ongoing free cash flow2 of $104 mil...
Ashland provides update on fiscal 2023 fourth-quarter and full-year ea...
Ashland provides update on fiscal 2023 fourth-quarter and full-year earnings1 and announces upcoming portfolio-optimization actions; sets date for fiscal 2023 fourth-quarter earnings release Results in the fourth quarter reflect a customer-demand environment that was generally consistent with expectationsFourth-quarter and full-year earnings are below expectations driven primarily by additional inventory-control actionsInitiation of portfolio-optimization actions to further strengthen resilience and improve profitability. WILMINGTON, Del., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Ashland In...
Ashland changes start time for 2023 Innovation Day
Ashland changes start time for 2023 Innovation Day WILMINGTON, Del., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) has changed the start time of the company’s Innovation Day being held on Tuesday, September 12, 2023. The event will now begin at 9:30 a.m. ET instead of 9:00 a.m. ET for both in-person attendees as well as those participating by webcast. The event will be broadcast from the company’s corporate headquarters in Wilmington, Delaware. Participants can register for the event using the link below. Please note that participants who registered previously do not nee...
Ashland announces new general counsel
Ashland announces new general counsel Robin Lampkin named senior vice president, general counsel and secretary WILMINGTON, Del., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced that its board of directors has approved the appointment of Robin Lampkin as senior vice president, general counsel and secretary. Lampkin joined Ashland in 1991 and has held various roles throughout her 32-year tenure including tort litigation and global environmental regulatory and remediation. As Ashland’s chief compliance officer, she has deep corporate governance experience pa...
Ashland board authorizes quarterly dividend
Ashland board authorizes quarterly dividend WILMINGTON, Del., Aug. 14, 2023 (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 September 15, 2023, to stockholders of record at the close of business on September 1, 2023. As of July 31, 2023, there were 51,244,133 shares of Ashland common stock outstanding. About Ashland Ashland Inc. (NYSE: ASH) is a global additives and specialty ingredients company with a conscious and proactive mindset for envi...
Ashland to host live 2023 Innovation Day
Ashland to host live 2023 Innovation Day WILMINGTON, Del., July 27, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) will host a live Innovation Day on Tuesday, September 12, 2023 beginning at 9:00 a.m. ET at the company’s corporate headquarters in Wilmington, Delaware. Interested participants must register for the event and have the option to attend via live webcast or in person. Early registration is encouraged because in person seating is limited. To register, participants should use the following link: Utilizing a coordinated and market-based approach, Ashland is developing novel...
Ashland reports financial results1 for third quarter of fiscal year 20...
Ashland reports financial results1 for third quarter of fiscal year 2023 Sales of $546 million, down 15 percent compared to the prior-year quarterNet income (including discontinued operations) of $50 million, or $0.94 per diluted shareIncome from continuing operations of $42 million, or $0.79 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $65 million, or $1.23 per diluted shareAdjusted EBITDA of $133 millionCash flows provided by operating activities of $137 million; ongoing free cash flow2 of $97 million WILMINGTON, Del., Jul...
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