3M Shares Rise Slightly On Dividend Hike, Share Buyback Plan

By MarketWatch Pulse

3M Co. shares ticked higher in the extended session Tueday after the company hiked its dividend and announced a share buyback program. 3M shares advanced 0.8% to $149.10. The company said its board increased the quarterly dividend 8% to $1.11 a share. The dividend will be paid March 12 to shareholders as of Feb. 12. 3M's board also authorized up to $10 billion in shares repurchases.

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