Item 8.01 Other Events.

On May 25, 2022, Ashland Global Holdings Inc. (the "Company") announced that its Board of Directors declared a quarterly cash dividend of $0.335 cents per share on the Company's common stock. This represents a 12% increase from the previous quarterly dividend of $0.30 cents per share. The dividend is payable June 15, 2022, to shareholders of record at the close of business on June 1, 2022.

In addition, the Board of Directors authorized a new evergreen $500 million common stock repurchase program, effective immediately. This new authorization terminates and replaces the Company's 2018 $1 billion share repurchase authorization. Under the new program, the Company's common shares may be repurchased in open market transactions, privately negotiated transactions or pursuant to one or more Rule 10b5-1 trading plans.

The text of the Company's news release, announcing the dividend declaration and the new $500 million share repurchase program, is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits


      99.1    News Release dated May 25, 2022.
     104    Cover Page Interactive Data File (embedded within the Inline XBRL
            Document).

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