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
3M said it will buy back up to $6 billion of its own stock. When a company buys its own stock, it can mean leaders think it is underpriced right now.
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