Ashland Global Holdings Inc

Ashland Inc.'s board of directors has declared a quarterly cash dividend of $0.42 per share on its common stock. The dividend is payable on September 15, 2026, to stockholders of record as of the close of business on September 1, 2026. As of July 31, 2026, there were 45,805,711 shares of Ashland common stock outstanding.

Ashland Inc. reported third quarter fiscal 2026 sales of $497 million, up seven percent from the prior-year quarter, and reaffirmed its full-year sales and Adjusted EBITDA guidance. Income from continuing operations was $41 million, or $0.89 per diluted share, while Adjusted EBITDA declined four percent to $109 million. Sales volumes rose six percent across all business units, with Life Sciences and Personal Care driving growth, though lower Specialty Additives and Intermediates earnings weighed on profitability. The company reaffirmed its fiscal 2026 sales outlook of $1,835 to $1,870 million and Adjusted EBITDA of $385 to $400 million, while revising adjusted EPS growth expectations to low-to-mid single digits due to a higher tax rate.

Ashland Inc. is nearing an agreement with activist investor Ancora Holdings that would expand the chemical maker's board. Under the settlement, two directors will be added to the board and a capital allocation committee will be created, according to a Bloomberg report citing people familiar with the matter. The settlement may be announced as soon as Tuesday. The news follows reports that Ancora disclosed a significant stake and wants the company to pursue a sales process, believing Ashland could see at least $76 a share in a sale. Shares of Ashland rose 3.2% on Tuesday.

The global marine collagen market is projected to grow from USD 1.14 billion in 2026 to USD 1.66 billion by 2031, at a compound annual growth rate of 6.7%. The liquid segment leads this growth, valued for its convenient and fast absorption benefits. Predominantly sourced from fish skin, scales, and muscles, marine collagen's nutritional products segment dominates, driven by its health benefits for skin, joints, and bones. Asia Pacific leads the market due to its abundant marine resources and rising demand for collagen-based nutraceuticals and cosmetics. Key players include Ashland, Darling Ingredients, Weishardt, and Nitta Gelatin.