Ashland Global Holdings Inc. (ASH) said Friday it has entered an accelerated share buyback program with JPMorgan Chase Bank and National Association for an aggregate $450 million. The Wilmington, Delaware-based specialty materials company said the agreement involves an initial delivery of about 3.9 million shares. The company has $800 million remaining in a $1 billion share buyback program that its board approved on March 15. Shares were not yet active premarket, but have gained about 16% in the year to date, while the S&P 500 has gained 20.8%.
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