PR Newswire · Press release
3M Board Approves New $6 Billion Share Repurchase Authorization, Declares Quarterly Dividend
AI summary
Summary by Wenlo · not part of the original release
3M Company announced on Nov. 3, 2026, that its board approved a new $6,000,000,000 share repurchase authorization. This adds to the remaining $1,500,000,000 from the 2025 program, creating a total of $7,500,000,000 available for buybacks. Additionally, the board declared a fourth-quarter 2026 dividend of $0.78 per share, payable on Dec. 11, 2026, to shareholders of record on Nov. 13, 2026.
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Original release from PR Newswire
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SAINT PAUL, Minn., Nov. 3, 2026 /PRNewswire/ -- The 3M Board of Directors (NYSE: MMM) today authorized the repurchase of up to $6.0 billion of 3M's outstanding common stock, in addition to the remaining $1.5 billion available under the company's existing 2025 repurchase authorization, resulting in a total of $7.5 billion available under the company's repurchase program. The authorization has no pre-established closing date.
The board also declared a dividend on the company's common stock of $0.78 per share for the fourth quarter of 2026. The dividend is payable Dec. 11, 2026, to shareholders of record at the close of business on Nov. 13, 2026.
3M has paid dividends to its shareholders without interruption for more than 100 years.
About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.
Investor Contact:
Diane Farrow
612-202-2449
Media Contact:
3Mnews@mmm.com
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SOURCE 3M Company
