3M Company filed an 8-K on November 3, 2026, disclosing a new $6.0 billion share repurchase authorization and a fourth-quarter 2026 common stock dividend of $0.78 per share.

Key Highlights

  • New buyback authorization: The 3M Board of Directors authorized repurchase of up to $6.0 billion of 3M's outstanding common stock.
  • Combined repurchase capacity: The new authorization, added to the remaining $1.5 billion under the existing 2025 repurchase authorization, brings total available capacity to $7.5 billion.
  • No closing date: According to the filing, the repurchase authorization has no pre-established closing date.
  • Q4 2026 dividend: The board declared a dividend of $0.78 per share on common stock for the fourth quarter of 2026.
  • Payment date: The dividend is payable December 11, 2026, to shareholders of record as of the close of business on November 13, 2026.
  • Dividend history: The filing notes that 3M has paid dividends to its shareholders without interruption for more than 100 years.

3M Board Authorizes $6 Billion in Additional Share Repurchases for November 2026

According to the filing, the 3M Board of Directors (NYSE:MMM) authorized on November 3, 2026, the repurchase of up to $6.0 billion of the company's outstanding common stock. The company disclosed that this new authorization is in addition to the $1.5 billion remaining under its existing 2025 repurchase authorization, bringing the total available under the repurchase program to $7.5 billion. The filing states that the authorization carries no pre-established closing date.

Separately, the board declared a quarterly cash dividend of $0.78 per share on 3M's common stock for the fourth quarter of 2026. The filing specifies that the dividend will be payable on December 11, 2026, to shareholders of record at the close of business on November 13, 2026. The company noted in the filing that it has paid dividends to shareholders without interruption for more than 100 years.

What Was Disclosed

3M disclosed a new $6.0 billion share repurchase authorization that, combined with $1.5 billion remaining from its 2025 program, creates $7.5 billion in total buyback capacity, alongside a $0.78 per share fourth-quarter 2026 dividend payable December 11, 2026.