UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: Share repurchase activity during the three months ended March 31, 2023 was as follow:
+Added: Share repurchase activity during the three months ended June 30, 2023 was as follow:
Issuer Purchases of Equity Securities
11 unchanged sentences
Under the Plans
−Removed: (in millions) (a)
−Removed: January 1, 2023 to January 31, 2023
−Removed: February 1, 2023 to February 28, 2023
−Removed: March 1, 2023 to March 31, 2023
+Added: (in millions) (a) (b)
+Added: April 1, 2023 to April 30, 2023
+Added: May 1, 2023 to May 31, 2023
+Added: June 1, 2023 to June 30, 2023
(a) During May 2022, Ashland’s Board of Directors approved a new evergreen $500 million stock repurchase program which replaced the previous stock repurchase program.
1 unchanged sentence
Under the program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 of the Exchange Act.
−Removed: As of March 31, 2023, $348 million remains available for repurchase under this authorization.
−Removed: Third Amendment to the Receivables Purchase Agreement dated as of April 14, 2023, by and among CVG Capital III LLC as the Seller, PNC Bank National association as the Administrative Agent and Ashland Inc.
−Removed: as the Servicer filed as Exhibit 10.1 to Ashland Inc.’s Form 8-K filed on April 20, 2023 (SEC File No.
−Removed: 333-211719) and incorporated herein by reference.
−Removed: Second Amendment to the Second Amended and Restated Purchase and Sale Agreement dated as of April 14, 2023, by and among Ashland Inc.
−Removed: as Exiting Originator and Servicer, Ashland Specialty Ingredients G.P.
−Removed: as remaining originator and CVG Capital III as the Buyer filed as Exhibit 10.2 to Ashland Inc.’s Form 8-K filed on April 20, 2023 (SEC File No.
−Removed: 333-211719) and incorporated herein by reference.
−Removed: Certificate of Guillermo Novo, Chief Executive Officer of Ashland pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: Certificate of J.
−Removed: Kevin Willis, Chief Financial Officer of Ashland pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: Certificate of Guillermo Novo, Chief Executive Officer of Ashland, and J.
−Removed: Kevin Willis, Chief Financial Officer of Ashland pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: Inline XBRL Instance Document.
−Removed: Inline XBRL Taxonomy Extension Schema Document.
−Removed: Inline XBRL Taxonomy Extension Calculation Linkbase Document.
−Removed: Inline XBRL Taxonomy Extension Definition Linkbase Document.
−Removed: Inline XBRL Taxonomy Extension Label Linkbase Document.
−Removed: Inline XBRL Taxonomy Extension Presentation Linkbase Document.
−Removed: Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).
−Removed: Filed herewith.
−Removed: Attached as Exhibit 101 to this report are the following documents formatted in XBRL (Extensible Business Reporting Language):
−Removed: (i) Statements of Consolidated Comprehensive Income (Loss) for the three and six months ended March 31, 2023 and March 31, 2022;
−Removed: (ii) Condensed Consolidated Balance Sheets at March 31, 2023 and September 30, 2022;
−Removed: (iii) Statements of Condensed Consolidated Cash Flows for the six months ended March 31, 2023 and March 31, 2022;
−Removed: and (iv) Notes to Condensed Consolidated Financial Statements.
−Removed: Service mark, Ashland or its subsidiaries, registered in various countries.
−Removed: Trademark, Ashland or its subsidiaries, registered in various countries.
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
−Removed: Senior Vice President and Chief Financial Officer
−Removed: (on behalf of the Registrant and as principal
−Removed: financial officer)
+Added: As of June 30, 2023, $200 million remained available for repurchase under this authorization prior to the initiation of the 2023 stock repurchase program noted below in (b).
+Added: (b) On June 28, 2023, Ashland's board of directors authorized a new evergreen $1 billion common share repurchase program (2023 stock repurchase program).
+Added: The new authorization terminates and replaces the company's 2022 stock repurchase program, which had $200 million outstanding at the date of termination.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.