ASHLAND INC. 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS Share repurchase activity during the three months ended June 30, 2026 was as follow: Issuer Purchases of Equity Securities Q3 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) April 1, 2026 to April 30, 2026 — $ — — $ 520 May 1, 2026 to May 31, 2026 — — — 520 June 1, 2026 to June 30, 2026 — — — 520 Total — — $ 520 (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 June 30, 2026, $520 million remained available for repurchase under this authorization.