Ashland Inc. reports a significant shareholder position by Leon G. Cooperman. Cooperman, a United States citizen and Managing Member of Omega Associates, L.L.C., may be deemed the beneficial owner of 2,915,000 shares of Ashland common stock held directly by Omega Capital Partners, L.P.
These shares represent approximately 6.4% of Ashland’s common stock, based on 45,793,370 shares outstanding as of June 30, 2026, as reported in Ashland’s Form 10‑Q filed July 29, 2026. Cooperman has sole voting and sole dispositive power over the 2,915,000 shares and no shared voting or dispositive power.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership stake:6.4%Shares beneficially owned:2,915,000 sharesShares outstanding:45,793,370 shares+3 more
6 metrics
Beneficial ownership stake6.4%Percentage of Ashland common stock beneficially owned by Leon G. Cooperman
Shares beneficially owned2,915,000 sharesAshland common shares held by Omega Capital Partners, L.P. and attributed to Cooperman
Shares outstanding45,793,370 sharesAshland common stock outstanding as of June 30, 2026, per Form 10-Q
Sole voting power2,915,000 sharesShares over which Cooperman has sole power to vote or direct the vote
Sole dispositive power2,915,000 sharesShares over which Cooperman has sole power to dispose or direct the disposition
Filing date signature08/05/2026Date Edward Levy signed as Attorney-in-Fact for Leon G. Cooperman
Key Terms
beneficial owner, sole voting power, sole dispositive power, Schedule 13G, +1 more
5 terms
beneficial ownerfinancial
"Mr. Cooperman may be deemed the beneficial owner of 2,915,000 shares of Common Stock"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting powerfinancial
"Sole Voting Power 2,915,000.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive powerfinancial
"Sole Dispositive Power 2,915,000.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13Gregulatory
"form_type": "SCHEDULE 13G""
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Attorney-in-Factregulatory
"Signature: | /s/ Edward Levy Name/Title: | Attorney-in-Fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Ashland Inc. (ASH) does Leon G. Cooperman beneficially own?
Leon G. Cooperman may be deemed the beneficial owner of 6.4% of Ashland Inc.’s common stock. This is based on 2,915,000 shares he controls out of 45,793,370 shares outstanding as of June 30, 2026.
How many Ashland Inc. (ASH) shares are reported as owned by Leon G. Cooperman?
Leon G. Cooperman may be deemed to beneficially own 2,915,000 shares of Ashland Inc. common stock. These shares are held directly by Omega Capital Partners, L.P., a Cooperman family investment partnership.
What is the total number of Ashland Inc. (ASH) shares outstanding used in this Schedule 13G?
The Schedule 13G cites 45,793,370 shares of Ashland Inc. common stock outstanding. This figure is taken from Ashland’s Form 10‑Q for the period ended June 30, 2026, filed on July 29, 2026.
Does Leon G. Cooperman have sole or shared voting power over his Ashland Inc. (ASH) shares?
Leon G. Cooperman has sole voting power over 2,915,000 shares of Ashland Inc. and no shared voting power. He likewise has sole dispositive power over these shares and no shared dispositive power.
Through which entities does Leon G. Cooperman hold his Ashland Inc. (ASH) stake?
The 2,915,000 shares of Ashland Inc. are held directly by Omega Capital Partners, L.P.. Leon G. Cooperman is Managing Member of Omega Associates, L.L.C., which is the general partner of Omega Capital Partners, L.P.
Who signed the Schedule 13G filing for Ashland Inc. (ASH) on behalf of Leon G. Cooperman?
The Schedule 13G was signed by /s/ Edward Levy as Attorney‑in‑Fact for Leon G. Cooperman. The authority derives from a power of attorney effective August 10, 2016 and filed on August 12, 2016.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
ASHLAND INC.
(Name of Issuer)
Common Stock, $0.01 par value per share
(Title of Class of Securities)
044186104
(CUSIP Number)
07/29/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
044186104
1
Names of Reporting Persons
COOPERMAN LEON G
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,915,000.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,915,000.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,915,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.4 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
ASHLAND INC.
(b)
Address of issuer's principal executive offices:
8145 Blazer Drive, Wilmington, DE 19808
Item 2.
(a)
Name of person filing:
This statement is filed on behalf of Leon G. Cooperman ("Mr. Cooperman"). Mr. Cooperman is engaged in, among other activities, investing for his own account.
Mr. Cooperman is the Managing Member of Omega Associates, L.L.C. ("Associates"), a limited liability company organized under the laws of the State of Delaware. Associates is a private investment firm formed to invest in and act as general partner of investment partnerships or similar investment vehicles. Associates is the general partner of a limited partnership organized under the laws of Delaware known as Omega Capital Partners, L.P. ("Capital LP"), a private investment firm comprised of Cooperman family funds engaged in the purchase and sale of securities for investment for its own account.
(b)
Address or principal business office or, if none, residence:
Mr. Cooperman's principal business office address is St. Andrews Country Club, 7118 Melrose Castle Lane, Boca Raton, FL 33496.
(c)
Citizenship:
Mr. Cooperman is a United States citizen.
(d)
Title of class of securities:
Common Stock, $0.01 par value per share
(e)
CUSIP Number(s):
044186104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by this item with respect to the Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G. Mr. Cooperman may be deemed the beneficial owner of 2,915,000 shares of Common Stock held directly by Capital L.P., which constitute approximately 6.4% of the total number of shares of Common Stock outstanding, calculated based on 45,793,370 shares of Common Stock outstanding as of June 30, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on July 29, 2026.
(b)
Percent of class:
6.4%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
2,915,000
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
2,915,000
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
COOPERMAN LEON G
Signature:
/s/ Edward Levy
Name/Title:
Attorney-in-Fact
Date:
08/05/2026
Comments accompanying signature: Duly authorized under POA effective as of August 10, 2016 and filed on August 12, 2016.