ASHLAND INC. 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS Share repurchase activity during the three months ended December 31, 2024 was as follow: Issuer Purchases of Equity Securities Q1 Fiscal Periods Total Number of Shares Purchased Average Price Paid Per Share, including commission Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Dollar Value of Shares that May Be Purchased Under the Plans or Programs (in millions) (a)(b) October 1, 2024 to October 31, 2024 — $ — — $ 620 November 1, 2024 to November 30, 2024 — — — 620 December 1, 2024 to December 31, 2024 — — — 620 Total — — $ 620 (a) On June 28, 2023, Ashland's board of directors authorized a new evergreen $1 billion common share repurchase program (2023 Stock Repurchase Program). The new authorization terminated and replaced the 2022 Stock Repurchase Program, which had $200 million outstanding at the date of termination. As of December 31, 2024, $620 million remained available for repurchase under this authorization.