Ashland Rises After Standard Investments Discloses 5.7% Stake

Dow Jones
Dec 01, 2025

By Elias Schisgall

 

Ashland shares rose after Standard Investments reported it had taken a 5.7% stake in the chemicals company.

Shares were up 9.4% to $57.36 in Monday morning trading. The stock has fallen roughly 20% in the past year.

Standard Investments said it had bought roughly 2.6 million Ashland shares for $133 million on Nov. 21, according to a filing with the Securities and Exchange Commission.

Standard also said it entered into cash settled total return swaps equivalent to 1.9 million shares, or 4.2% of outstanding shares, giving the investment firm economic exposure to about 9.9% of Ashland's total outstanding shares.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

December 01, 2025 10:26 ET (15:26 GMT)

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