3M Announces $5B Buyback Plan

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.