IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: United States/Americas

Ashland launches accelerated share buyback

9:46 AM MDT | May 31, 2013 | —Vincent Valk

Ashland has entered into a $150-million accelerated share buyback program, with Citi acting as the broker. Under the agreement, Citi will deliver 1.3 million Ashland shares at current market prices. The term of the accelerated buyback will be about one to three months, Ashland says. At CW press time, Ashland was trading at around $90/share and had about 79 million shares outstanding. The accelerated buyback is part of Ashland’s $600-million buyback program. The current buyback program will expire on 31 December 2014. The company’s board has also...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa