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Press Releases

 

Earnings and Dividends

  • 4/17/14 6:12 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: First-quarter 2014 earnings conference call on Thurs., April 24, 2014, at 8 a.m. CDT. The live webcast, press release and supporting slide presentation will be available on 3M’s Investor Relations website at http://investor.3M.com. The earnings call may also be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.Smore...
  • 2/4/14 5:26 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of 3M (NYSE:MMM) today approved the authorization for the repurchase of up to $12 billion of 3M’s outstanding common stock. The authorization replaces the company’s existing repurchase program and has no pre-established closing date. As previously announced on December 17, 2013, 3M declared a dividend on the company’s common stock of 85.5 cents per share for the first quarter of 2014, a 35 percent increase overmore...
  • 1/30/14 6:30 am CST

    Fourth-Quarter Highlights:

    • Earnings of $1.62 per share, up 14.9 percent
    • Sales of $7.6 billion, up 2.4 percent
    • Organic local-currency sales growth of 3.4 percent
    • Operating income margins of 20.9 percent, up 1.4 percent year-on-year
    • Free cash flow conversion of 131 percent
    • Returned $2.1 billion to shareholders via dividends and gross share repurchases
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today reported fourth-quarter earnings of $1.62 per share, an increase of 14.9 percent versus the fourth quarter of 2012. Sales grew 2.4 percent year-on-year to $7.6 billion. Organic local-currency sales grew 3.4 percent, acquisitions added 0.7 percent to sales and currency impacts reduced sales by 1.7 percent year-on-year. Sales and per-share earnings were the highest of any fourth quarter in 3M’s history.more...
  • 12/17/13 7:31 am CST

    Board Approves 35 Percent Increase in First-Quarter 2014 Dividend

    ST. PAUL, Minn.--(BUSINESS WIRE)--At a meeting with institutional investors and analysts today, 3M will provide an update to its five-year plan and introduce its 2014 outlook. 3M Chairman, President and CEO Inge G. Thulin will discuss the strength of 3M’s business model, driven by three key strategic levers: active portfolio management, investing in innovation, and business transformation. These levers, combined with more aggressive capital deployment, will drivemore...
  • 12/17/13 7:30 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--The board of directors of 3M (NYSE:MMM) today declared a dividend on the company’s common stock of 85.5 cents per share for the first quarter of 2014, a 35 percent increase over the quarterly dividend paid in 2013. The dividend is payable March 12, 2014, to shareholders of record at the close of business on February 14, 2014. 3M has paid dividends to its shareholders without interruption for more than 97 years. As of November 29, 2013,more...
  • 12/11/13 3:15 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) announced today the following events: 3M 2014 Outlook Meeting in New York City on Tues., Dec. 17, 2013. The meeting will begin at 1:00 p.m. EST and is scheduled to adjourn at 5 p.m. EST. Fourth-Quarter 2013 Earnings Conference Call on Thurs., Jan. 30, 2014, at 8:00 a.m. CST. Both events will be webcast live, and replays of each will be available on 3M’s Investormore...
  • 11/11/13 5:10 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of 3M (NYSE:MMM) today declared a dividend on the company’s common stock of 63.5 cents per share for the fourth quarter of 2013, payable Dec. 12, 2013, to shareholders of record at the close of business on Nov. 22, 2013. 3M has paid dividends to its shareholders without interruption for more than 97 years. As of Sept. 30, 2013, 3M had 673,269,679 common shares outstanding and 92,590 shareholders of recordmore...
  • 10/24/13 6:30 am CDT

    Highlights:

    • Earnings per share of $1.78, a third-quarter record
    • All-time record quarterly sales of $7.9 billion
    • Organic local-currency sales growth of 5.8 percent
    • Operating income margins of 22.0 percent
    • Returned $2.0 billion to shareholders via dividends and gross share repurchases
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported third-quarter earnings of $1.78 per share, an increase of 7.9 percent versus the third quarter of 2012. Sales grew 5.6 percent year-on-year to $7.9 billion. Organic local-currency sales grew 5.8 percent, acquisitions added 1.5 percent to sales and currency impacts reduced sales by 1.7 percent year-on-year. Operating income was $1.7 billion and operating income margins for the quarter were 22.0 percent.more...
  • 10/7/13 11:30 am CDT

    Nationwide Contest Partnering With After-School All-Stars Asks Aspiring Young Athletes to Showcase their “A” Game to Win $10,000

    ST. PAUL, Minn.--(BUSINESS WIRE)--Grammy-award winning recording artist and actor, LL COOL J, teams up with ACE Brand from 3M Company to launch the ACE Brand “A” Game Challenge, a nationwide contest asking sports fans and aspiring young athletes to submit their “A” Game video entries showcasing unique skills and one-of-a-kind winning moments in sports. The ACE Brand “A” Game Challenge is partnering with After-School All-Stars, the number one national provider of year-round,more...
  • 9/26/13 7:05 am CDT

    Online Video Series Features Nationwide Sweepstakes Encouraging Race Fans to Share Stories for a Chance to Win Prizes

    ST. PAUL, Minn.--(BUSINESS WIRE)--Today, ACE Brand from 3M Company, in partnership with Roush Fenway Racing launch the ACE Brand Personal Pit Crew Sweepstakes, asking people nationwide, “if you could have your own personal pit crew help with a project, what would it be?” Now through Thursday, October 31, 2013, participants are encouraged to enter the sweepstakes by sharing their project ideas on ACEBrand.com/PersonalPitCrew that spotlight how they would use their very own pit crew formore...