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Press Releases

 

Earnings and Dividends

  • 12/22/09 5:16 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it will webcast its fourth-quarter 2009 earnings conference call on Thursday, Jan. 28, 2010, at 8 a.m. Central time. Investors can access the webcast on the Internet at http://investor.3M.com. A replay will be available at http://investor.3M.com, for one week following the call. About 3M A recognized leader in research and development, 3M produces thousands of innovative products formore...
  • 11/10/09 8:00 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of 3M (NYSE:MMM) declared a dividend on the company’s common stock of 51 cents per share for the fourth quarter of 2009, payable Dec. 12, 2009, to shareholders of record at the close of business on Nov. 20, 2009. This cash dividend is the 373rd consecutive quarterly dividend paid by 3M. As of Sept. 30, 2009, 3M had 707,958,268 common shares outstanding and 113,146 shareholders of record. About 3Mmore...
  • 10/22/09 6:30 am CDT

    - Company Again Raises Sales and Earnings Outlook on Positive Sequential Growth -

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced third-quarter earnings of $1.35 per share on sales of $6.2 billion, with operating income margins of 23.9 percent (a). Sales and per-share earnings declined 5.6 percent and 4.3 percent year-on-year, respectively. On a sequential basis, sales and per-share earnings increased 8.3 percent and 20.5 percent, respectively, and operating income margins improved by 3.1 percentage points versus second quarter levels. Freemore...
  • 10/5/09 10:38 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced dates for the following events: 3M’s third-quarter 2009 earnings conference call will take place on Thursday, October 22, 2009, at 8 a.m. CT (9 a.m. ET). 3M will participate in the Goldman Sachs Global Industrials Conference 2009 on Thursday, November 5, 2009, in New York City. Patrick D. Campbell, senior vice president and chief financial officer, will speak at 7:45 a.m. CTmore...
  • 8/10/09 4:38 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of 3M (NYSE:MMM) today declared a dividend on the company’s common stock of 51 cents per share for the third quarter of 2009, payable Sept. 12, 2009, to shareholders of record at the close of business on August 21, 2009. This cash dividend is the 372nd consecutive quarterly dividend paid by 3M. As of June 30, 2009, 3M had 698,320,662 common shares outstanding and 114,869 shareholders of record.more...
  • 7/23/09 6:30 am CDT

    - Operating Income Margins Exceed 20 Percent on Sales of $5.7 Billion -

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced second-quarter earnings of $1.12 per share on sales of $5.7 billion, with operating income margins of 20.8 percent (a). Sales and per-share earnings declined 15.1 percent and 15.8 percent year-on-year, respectively. On a sequential basis, sales and per-share earnings increased 12.4 percent and 51.4 percent, respectively, and operating income margins improved by 5 percentage points. Free cash flow (h) conversion wasmore...
  • 6/26/09 12:59 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it will webcast its second-quarter 2009 earnings conference call on Thursday, July 23, 2009, at 8 a.m. CT. Investors can access the webcast on the Internet at http://investor.3M.com. A replay will be available at http://investor.3M.com, for one week following the call. About 3M A recognized leader in research and development, 3M produces thousands of innovative products for dozens ofmore...
  • 5/12/09 5:12 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of 3M (NYSE:MMM) today declared a dividend on the company’s common stock of 51 cents per share for the second quarter of 2009, payable June 12, 2009, to shareholders of record at the close of business on May 22, 2009. This cash dividend is the 371st consecutive quarterly dividend paid by 3M. As of March 31, 2009, 3M had 694,383,904 common shares outstanding and 115,905 shareholders of record. Themore...
  • 5/12/09 12:00 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) chairman, president and CEO George W. Buckley told more than 1,000 shareholders at the company’s annual meeting today in St. Paul that 3M is navigating through these uncertain times by preserving its cash position, minimizing cost and driving revenue where opportunities exist. “We are managing the operating and competitive fundamentals of the company not only to get through these challenging economic times, but tomore...
  • 4/24/09 6:30 am CDT

    - Company Updates Sales and Earnings Outlook -

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced first-quarter sales of $5.1 billion, a decrease of 21.3 percent from the first quarter of 2008. Net income was $518 million, or $0.74 per share, versus $1.0 billion, or $1.38 per share in the corresponding period last year (a). Excluding special items in 2009 (b), per share earnings were $0.81, down 41 percent year-on-year. “As expected, the global economic slowdown dramatically affected our businesses inmore...