Published February 2, 2016 4:24pm EST | Updated February 2, 2016 5:05pm EST

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

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.