Ashland Inc. (ASH) announced Wednesday morning that its Board of Directors has increased the company's quarterly dividend by more than 50 percent. The Board also authorized a new common stock repurchase program of $600 million.
Ashland spiked to the upside at the open Wednesday and is currently higher by 1.80 at $90.06. The stock is now challenging the highs of the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.