3M Board Approves New $6 Billion Share Repurchase Authorization, Declares Quarterly Dividend
3M Board Approves New $6 Billion Share Repurchase Authorization, Declares Quarterly Dividend
PR Newswire
SAINT PAUL, Minn., Nov. 3, 2026
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
SOURCE 3M Company
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
3 Stocks to Sell and 3 Stocks to Buy for November
3 of the Best Dividend Stocks to Own
The 10 Best Companies to Invest in Now
This Once-Hot AI Stock Now Looks Deeply Undervalued
United States