diff --git a/bfd/ChangeLog b/bfd/ChangeLog
index 25453b384bf..1413be60adc 100644
--- a/bfd/ChangeLog
+++ b/bfd/ChangeLog
@@ -1,3 +1,9 @@
+2020-05-01  Alan Modra  <amodra@gmail.com>
+
+	PR 25882
+	* elf32-ppc.c (ppc_elf_merge_private_bfd_data): Ignore e_flags
+	from shared libraries.
+
 2020-04-29  Max Filippov  <jcmvbkbc@gmail.com>
 
 	* elf32-xtensa.c (relax_section): Don't negate diff_value for
diff --git a/bfd/elf32-ppc.c b/bfd/elf32-ppc.c
index 68b02205aaf..053687c0a24 100644
--- a/bfd/elf32-ppc.c
+++ b/bfd/elf32-ppc.c
@@ -3802,6 +3802,9 @@ ppc_elf_merge_private_bfd_data (bfd *ibfd, struct bfd_link_info *info)
   if (!ppc_elf_merge_obj_attributes (ibfd, info))
     return FALSE;
 
+  if ((ibfd->flags & DYNAMIC) != 0)
+    return TRUE;
+
   new_flags = elf_elfheader (ibfd)->e_flags;
   old_flags = elf_elfheader (obfd)->e_flags;
   if (!elf_flags_init (obfd))