ASH - Ashland Global Holdings Inc.

NYSE - NYSE Delayed Price. Currency in USD
76.04
+1.50 (+2.01%)
At close: 4:02PM EST
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Previous Close74.54
Open74.66
Bid0.00 x 900
Ask0.00 x 800
Day's Range74.66 - 76.28
52 Week Range64.81 - 86.63
Volume696,939
Avg. Volume678,672
Market Cap4.761B
Beta (3Y Monthly)1.42
PE Ratio (TTM)42.22
EPS (TTM)1.80
Earnings DateJan 26, 2017 - Jan 27, 2017
Forward Dividend & Yield1.00 (1.35%)
Ex-Dividend Date2018-11-30
1y Target Est90.50
Trade prices are not sourced from all markets
  • GlobeNewswire20 hours ago

    Ashland files investor presentation highlighting transformation into pure-play specialty chemicals company

    Board and management are executing on strategic plan to deliver value Urges shareholders to vote “FOR” Ashland’s highly qualified director nominees on the BLUE proxy card.

  • Ashland plans board changes amid proxy fight
    American City Business Journals2 days ago

    Ashland plans board changes amid proxy fight

    Ashland Global Holdings Inc. is planning to add two independent directors to its board after shareholders vote at its annual meeting amidst a proxy battle with one of its large shareholders.

  • Business Wire2 days ago

    Cruiser Capital Releases Detailed Presentation on Ashland

    Highlights Ashland’s Clear, Urgent Operational and Corporate Governance Problems

  • Reuters2 days ago

    Cruiser Capital vows to fight on at Ashland even after board deal

    Hedge fund Cruiser Capital said it plans to press on with its proxy fight at Ashland Global Holdings even after the specialty chemicals business struck a deal to refresh its board with another large shareholder. The New York-based hedge fund is asking shareholders to replace four directors, including the company's chief executive who has a seat on the board, and is arguing that the company's deal with another shareholder hurts all investors. Over the weekend Ashland agreed with Neuberger Berman, which owns 2.8 percent of the company, to add two new directors and have one current director step down.

  • GlobeNewswire3 days ago

    Ashland announces significant board refreshment and board leadership changes to support continued execution of strategic plan

    Neuberger Berman assisting in process and voting for Ashland slate of nominees for 2019 Annual MeetingCompany to initiate search for two new directors in consultation with.

  • The Wall Street Journal3 days ago

    [$$] Ashland to Make Board Changes as Shareholders Apply Pressure

    Ashland Global Holdings Inc., locked in a proxy fight with an activist investor, struck a deal with a different, typically quiet investor to add two new directors and make other changes. Ashland Chief Executive Bill Wulfsohn and Neuberger Berman Group LLC, a 2.8% shareholder, told The Wall Street Journal on Sunday that they agreed to a plan in which the specialty-chemicals company will find and add two new directors after its annual meeting, refresh leadership of its board committees and have a longtime director step down. Hedge fund Cruiser Capital Advisors LLC, which owns 2.5% of Ashland, nominated four directors to Ashland’s board in October, seeking to oust four current directors, including one who will step down as part of the new plan.

  • Ashland investor seeks new board members in proxy fight
    American City Business Journals7 days ago

    Ashland investor seeks new board members in proxy fight

    A large shareholder of Ashland Global Holdings Inc. has nominated a slate of directors to rival some of the company’s board members, giving shareholders a choice to make when they vote next month.

  • GlobeNewswire9 days ago

    Detailed Research: Economic Perspectives on Air Lease, AMN Healthcare Services, Trinseo S.A, Ashland Global, DENTSPLY SIRONA, and Overseas Shipholding Group — What Drives Growth in Today's Competitive Landscape

    NEW YORK, Jan. 08, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • The Wall Street Journal9 days ago

    [$$] Cruiser Capital Won't Support Ashland CEO in Board Election

    UPDATED 4:08 PM ET: A New York hedge fund said it isn’t supporting the reelection of Ashland Global Holdings’ chief executive as chairman of the company’s board of directors

  • Reuters10 days ago

    Cruiser Capital targets Ashland directors, including chairman

    Cruiser Capital Advisors said on Monday it wants to replace four directors at chemical company Ashland Global Holdings, including the board chairman. The New York-based hedge fund aims to remove Ashland Chief Executive Bill Wulfsohn from his position as board chair and is also targeting three other directors who are members of the company's governance and nominating committee. "Should Bill Wulfsohn hold both the Chairman and CEO jobs?," the hedge fund wrote in a letter on Monday.

  • EXCLUSIVE: Cruiser Letter Names Four Ashland Directors to Replace, Including Chairman Wulfsohn
    CorpGov.com10 days ago

    EXCLUSIVE: Cruiser Letter Names Four Ashland Directors to Replace, Including Chairman Wulfsohn

    Activist Shareholder Cruiser Capital Criticizes Ashland for Poor Governance and Misleading Statements By John Jannarone Cruiser Capital Advisors issued a letter to Ashland Global Holdings shareholders Monday, urging them to replace four board directors including the current chairman and CEO, citing a lapse in corporate governance and deliberate attempts to mislead investors about the company's […]

  • GlobeNewswire10 days ago

    Ashland details strong progress on value creation plan in letter to shareholders

    Ashland Global Holdings Inc. (ASH) announced that it has filed definitive proxy materials, including its definitive proxy statement and blue proxy card, with the U.S. Securities and Exchange Commission in connection with Ashland’s 2019 Annual Meeting of Stockholders, scheduled for February 8, 2019 (“2019 Annual Meeting”). Ashland shareholders of record as of the close of business on December 10, 2019 will be entitled to vote at the 2019 Annual Meeting.

  • Ashland (ASH) Raises Prices of Composites Products in India
    Zacks10 days ago

    Ashland (ASH) Raises Prices of Composites Products in India

    Ashland (ASH) decides to raise prices due to increase in costs of raw materials.

  • Ashland Increases Composite Product Prices in India
    Market Realist13 days ago

    Ashland Increases Composite Product Prices in India

    On January 3, Ashland (ASH) announced that it will increase composite product prices. The price increase is limited to India. The price increase will be effective on January 3 or as the contract allows.

  • Ashland (ASH) Releases Update on Fiscal 2019 Financial View
    Zacks17 days ago

    Ashland (ASH) Releases Update on Fiscal 2019 Financial View

    Ashland (ASH) projects adjusted EPS for fiscal 2019 in the range of $3.10-$3.40, reflecting the pending divestiture of the Composites unit and the BDO manufacturing facility.

  • Barrons.com21 days ago

    Dow Plunges 346 Points Because ‘Tis the Season to Return Gifts

    After Wednesday’s record rise, the Dow Jones industrial Average is down 345.83, or 1.51%, to 22,532.62 in recent trading.

  • MarketWatch21 days ago

    Ashland tweaks 2019 guidance to reflect asset sales

    Specialty chemicals company Ashland Global Holdings Inc. said Thursday it is tweaking guidance for fiscal 2019 to reflect the sale of its composites business and BDO manufacturing facility in Marl, Germany in a deal valued at about $1.1 billion. The company said the timing of the deal close means the full benefit of restructuring and interest savings will not be realized until fiscal 2020. it now expects fiscal 2019 adjusted per-share earnings of $3.10 to $3.40, down from prior guidance of $3.10 to $3.40. For the first quarter, it expects adjusted EPS of 5 cents to 15 cents, down from prior guidance of 55 cents to 65 cents. Shares were down 1.5% premarket, but are down 18.8% in 2018, while the S&P 500 has fallen 7.7%.

  • GlobeNewswire21 days ago

    Ashland reaffirms business outlook and provides fiscal 2019 financial outlook reflecting the pending divestiture of the Composites business and the butanediol manufacturing facility in Marl, Germany

      Expect divestiture net proceeds of approximately $1 billion to be used for debt reduction post-transaction closing Transaction expected to close prior to the end of the June 2019 quarter    COVINGTON, ...

  • Cruiser Capital Says Ashland’s Letter to Staff Was Designed to Cause Confusion
    CorpGov.comlast month

    Cruiser Capital Says Ashland’s Letter to Staff Was Designed to Cause Confusion

    Cruiser Reiterates That Its Board Nominees Can Improve Company without Firing Staff Cruiser Capital Advisors says chemical manufacturer Ashland Global Holdings made a statement to its staff designed to confuse them about the goals of the activist investor. “[W]e are deeply troubled by Ashland’s description of our recommendations for the Company, which we believe is […]

  • Business Wirelast month

    Cruiser Capital Criticizes Ashland Global’s Recent Actions and Board Updates

    Believes Investors Deserve Directors Who Will Constructively Engage with Stockholders – Like Dr. Bill Joyce and Allen Spizzo – Who Have Knowledge and Experience That May Improve As

  • GlobeNewswirelast month

    Ashland announces continued board refreshment

    Barry W. Perry, Ashland`s current lead independent director, will retire from the board, consistent with Ashland`s director retirement policy, as of the company`s 2019 Annual Meeting of Stockholders ("2019 Annual Meeting"). The board will appoint a new lead independent director to succeed Mr. Perry upon his retirement. Additionally, the company announced that a search for a new independent director is underway.

  • GlobeNewswirelast month

    Ashland promotes Whitaker to vice president and treasurer

    COVINGTON, Kentucky, December 13, 2018 - Ashland (NYSE: ASH) today announced that William C. Whitaker has been named vice president and treasurer of the company, effective January 1, 2019. Whitaker succeeds ...

  • Zackslast month

    Ashland (ASH) Wraps Up HEC Expansion, Boosts Production

    Capacity expansion enables Ashland (ASH) to support increasing demand for Natrosol HEC.

  • Ashland Completed HEC Production Expansion in China
    Market Realistlast month

    Ashland Completed HEC Production Expansion in China

    On December 3, Ashland (ASH) announced that it completed the expansion of Natrosol HEC (hydroxyethylcellulose) in Nanjing, China. The plant expansion caused the site output to increase 30%. The expansion will likely give Ashland an advantage over its cost of production.