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3M Board Approves New $6 Billion Share Repurchase Authorization, Declares Quarterly Dividend

Key Takeaway: 3M's Board of Directors has approved a $6 billion share repurchase authorization, increasing the total available to $7.5 billion. Additionally, the board declared a quarterly dividend of $0.78 per share, payable on December 11, 2026. This marks a continuation of 3M's commitment to returning value to shareholders.

Market Sentiment Analysis

POSITIVE FACTORS

  • Board authorized $6 billion share repurchase.
  • Total of $7.5 billion available for repurchase.
  • Quarterly dividend declared at $0.78 per share.
  • 3M has a history of over 100 years of uninterrupted dividends.

Full Press Release Details

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 .

Frequently Asked Questions

What is the new share repurchase authorization amount?

The new share repurchase authorization is $6 billion.

What is the total available for repurchase now?

The total available for repurchase is $7.5 billion.

What is the dividend declared for Q4 2026?

The declared dividend for Q4 2026 is $0.78 per share.

When will the dividend be paid?

The dividend will be paid on December 11, 2026.

Last updated: Nov 3, 2026