3M Authorizes Up to $6 Billion in Stock Buybacks
3M’s board approved an authorization adding up to $6 billion in buybacks to the $1.5 billion remaining under its 2025 program, bringing total available repurchases to $7.5 billion.
Story updates
11:00:37 PM UTC
SquawkNews
3M Gets $6 Billion Stock Buyback Authorization
By Elias Schisgall3M's board authorized spending up to $6 billion on stock buybacks.The company said the authorization adds to its remaining $1.5 billion under a 2025 share repurchase authorization, bringing the total available for buybacks to $7.5 billion.The authorization does not have a pre-esta…