Ashland (ASH) sees third quarter sales below consensus

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Ashland (ASH) announce new $1 billion buyback plan

June 28, 2023 5:03 PM EDT

With lower Q3 guidance, Ashland (NYSE: ASH) announces that its Board of Directors has approved a new $1 billion evergreen share repurchase authorization. This authorization replaces the previous $500 million evergreen authorization under which there was $200 million remaining. Since September 30, 2022, Ashland has repurchased approximately $300 million of... More