Ashland Inc. entered into the Fifth Amendment to its Receivables Purchase Agreement on July 30, 2026, extending the facility's termination date to July 28, 2028, and setting commitment levels at up to $70 million through that date. This amendment updates the agreement to align with current market standards. Ashland Inc. operates in the specialty chemicals industry, providing performance solutions for coatings, adhesives, sealants, and functional fluids.

Ashland Inc. announced the appointment of Peter Thomas and Allen Spizzo as independent directors effective July 27, 2026, following the entry into a Cooperation Agreement with stockholder Ancora Holdings Group, LLC. The agreement includes voting commitments and standstill obligations for Ancora until the 2028 annual meeting. Concurrently, Ashland formed a Capital Allocation Advisory Committee to advise on capital strategy, chaired by Scott Tozier with Guillermo Novo as a non-voting member. The Board temporarily expanded to eleven members before reducing to ten at the 2027 Annual Meeting. Ashland Inc. is a global leader in additives and specialty ingredients serving consumer and industrial markets.

Ashland Inc. reported preliminary third quarter 2026 results with sales of $497 million, a seven percent increase from the prior-year quarter, driven by a six percent rise in sales volumes and approximately one percent pricing increases. Income from continuing operations was $41 million, or $0.89 per diluted share, compared to a loss of $15.70 per diluted share in the prior year. Adjusted EBITDA totaled $109 million, down four percent year-over-year, as volume and pricing gains were offset by lower production rates and inflationary costs. The company reaffirmed its full-year fiscal 2026 sales guidance of $1,835 to $1,870 million and Adjusted EBITDA guidance of $385 to $400 million, while revising adjusted EPS outlook to low-to-mid-single digit growth. Ashland Inc. is a global additives and specialty ingredients company serving markets including pharmaceuticals, personal care, and architectural coatings.