3M Company Archives - Vista Partners LLCVista Partners LLC

3M Unveils Solventum As Name For Independent Health Care Company Post-Spinoff – $MMM $DIA $IYH $LTRN

Reportedly, 3M (MMM) has revealed that the upcoming independent health care company, following its spin-off, will be named Solventum. The name combines "solving" and "momentum," signifying the company's commitment to finding breakthrough solutions and its dedication to health care professionals. Sol...

Nov 28, 2023 View Article

3M Declares $1.50 Per Share Dividend For Q4 2023 – $MMM $DIA $SPY $MODD

As per reports, the Board of Directors at 3M (MMM) announced a dividend of $1.50 per share on the company's common stock for the fourth quarter of 2023. Shareholders of record as of November 17, 2023, will receive the dividend on December 12, 2023. 3M has maintained an unbroken record of paying divi...

Nov 28, 2023 View Article

3M’s Healthcare Business In India & Nepal To Be Managed By U.S. Entities – $MMM $DIA $SPY $LTRN

As per reports, 3M (MMM) India, the manufacturer behind renowned products like 'Scotch' tape and 'Post-it' notes, disclosed an impressive surge of nearly 38% in its second-quarter profit. Their consolidated profit after tax for the quarter ending on September 30 reached 1.46 billion rupees ($17.51 m...

Nov 14, 2023 View Article

Leadership Changes Unveiled At 3M Amid Health Care Business Spin-Off – $MMM $DIA $IYH $LTRN

Reportedly, 3M (MMM) has announced changes in its leadership, coinciding with the planned spin-off of the Health Care Business. Jeff Lavers, group president of the Health Care Business Group, will depart on December 1. The Health Care Business will continue to be led by Bryan Hanson, the CEO of Heal...

Nov 16, 2023 View Article

Leadership Transition: Bryan Hanson Appointed CEO For 3M’s Healthcare Spin-Off Venture – $MMM $DIA $SPY $LTRN

Reportedly, 3M (MMM) announced the selection of Bryan Hanson as the future chief executive officer for the healthcare company as part of its upcoming separation from the U.S. industrial giant. Back in July, 3M disclosed its strategy to hive off its healthcare division into an independent, publicly ...

Aug 29, 2023 View Article

3M Announces Q3 2023 Dividend Of $1.50 Per Share – $MMM $DIA $SPY $LTRN

The Board of Directors at 3M (MMM) has announced that a dividend of $1.50 per share has been approved for the third quarter of 2023 on the company's common stock. This dividend will be disbursed on September 12, 2023, to shareholders who are officially recorded as of the end of business on August 21...

Aug 30, 2023 View Article

3M Welcomes Audrey Choi To Board of Directors – $MMM $DIA $MS $LTRN

As per reports, 3M (MMM) announced the appointment of Audrey Choi to its Board of Directors. Audrey Choi, who previously served as the Chief Sustainability Officer and Chief Marketing Officer at Morgan Stanley (MS), has been elected to join 3M's Board of Directors. This decision led to an expansion ...

Sep 06, 2023 View Article

Dutch Government Questions 3M For PFAS Pollution In Western Scheldt River – $MMM $DIA $SPY $INVO

As per reports, the Dutch government announced its intention to hold 3M (MMM) accountable for the pollution of the Western Scheldt river with PFAS, also known as "forever chemicals." The Netherlands asserts that 3M's nearby Belgian plant is responsible for the pollution in the Dutch section of the...

Jun 18, 2023 View Article

3M Elects Two New Members To The Board – $MMM $DIA $INVO

Reportedly, 3M (MMM) has appointed Pedro J. Pizarro, president and CEO of Edison International, and Anne H. Chow, retired CEO of AT&T Business to 3M's Board of Directors, effective Feb. 9, 2023, increasing the Board size from 11 to 13 members. Anne Chow's has over over three decades of experienc...

Feb 13, 2023 View Article

3M Announces Quarterly Dividend – $MMM $DIA $INVO

As per reports, the board of 3M (MMM) announced a dividend on the company's common stock of $1.50 per share for the first quarter of 2023. The dividend is payable March 12, 2023, to shareholders of record at the close of business on Feb. 17, 2023. 3M (MMM) is a global ...

Feb 12, 2023 View Article

3M Schedules Fourth-Quarterly Dividend For December – $MMM $DIA $INVO

As per reports, the board of 3M (MMM) announced a fourth-quarter common stock dividend of $1.49 per share payable on December 12, 2022. The dividend is payable to shareholders as of November 18, 2022. 3M (MMM) is a global science company that seems to never stop inventing. Using 46 technology...

Nov 26, 2022 View Article

3M Cuts Full-Year Forecast Amid Tight Consumer Spending – $MMM $DIA $ATOS $INVO

Recently, 3M Co (MMM) lowered its full-year forecasts over an uncertain economic environment. The post-it maker, which gets 60 percent of its revenue from outside the United States, cut its full-year revenue and profit forecasts. The company now expects full-year revenue to drop between 3.5% and 3%,...

Nov 29, 2022 View Article

3M & Vomela Collaborating To Reuse Plastic Endcaps Supporting The Environment $MMM $DIA $INVO

Reportedly, 3M (MMM) and Vomela, a graphics and printing company have collaborated on an amazing sustainability initiative to reuse plastic endcaps which are crucial for transit because they protect 3M’s commercial graphics film from damage during shipping. Since the endcaps are strong and stu...

Sep 15, 2022 View Article

3M To Pay Third-Quarter Dividend On Sep 12 -$MMM $INVO $DIA

Reportedly, the board 3M (MMM) to pay a third-quarter dividend of $1.49 per share on the company's common stock. The dividend is payable on Sept. 12, 2022, to shareholders of record at the close of business on Aug. 22, 2022. 3M (MMM) is a global science company that seems to...

Aug 31, 2022 View Article

3M Releases Quarterly Earnings & Announces PubCo. Spin Off Of Its Healthcare Unit – $MMM $DIA

Reportedly, 3M (MMM) announced spinning off its health-care business into a separate publicly traded company, focussing on wound and oral care, health-care IT and biopharma filtration, and material science company, which includes products like bandages, skin adhesives, oral aligners,...

Aug 02, 2022 View Article

3M Announces Sell Of Southeast Asia Neoplast & Neobun Brands To Selic Corp PCL – $MMM $DIA

As per reports, 3M Co (MMM) is to exit its Neoplast and Neobun brands in Thailand and some other Southeast Asian countries and sell manufacturing assets at its Ladlumkaew plant, as part of its strategic portfolio management. The brands and the assets from its Thailand-based Ladlumkaew plant will be...

Jul 07, 2022 View Article

3M Investing +$170M In Cordova Pursuing Goal To Reduce Use of Water – $MMM $DIA

Reportedly, 3M (MMM) is investing more than $170 million at its Cordova, Illinois, site to engineer and install cutting-edge technology building its company-wide goal of enhancing the quality of water returned to the environment. Launched in 2021, the company expects to reduce overall water use at ...

Jun 30, 2022 View Article

3M Warns That Q2 Suffering From China Demand & Supply Chain Issues – $MMM $DIA

As per reports, 3M (MMM) warned of a $300 million hit to revenue in the current quarter as COVID lockdowns in China hurt demand and intensified supply chain issues. The company also expects an impact of 30 cents on per-share earnings in the second quarter, informed Chief Executive Michael Roman at t...

Jun 20, 2022 View Article

3M To Pay Q2 Dividend On June 12 – $MMM $DIA

The board of 3M (MMM) has announced a quarterly dividend of $1.49 per share on the company's common stock for the second quarter of 2022. The dividend is payable on June 12, 2022, to shareholders as of May 20, 2022. 3M (MMM) is a global science company that seems to neve...

May 11, 2022 View Article

3M Expanding Production Capacity for PELTOR™ Hearing Protection Products In Nebraska – $MMM $DIA

As per reports, 3M (MMM) announced plans to grow its plant in Valley, Nebraska. The company is investing approximately $58 million to fund the 80,000 square foot expansion creating around 50 new jobs at the facility. The initiative plans to invest in additional production capacity for PELTOR™ hear...

May 02, 2022 View Article

3M Reports Declined Profits As N95 Mask Demand Dips – $MMM $DIA

As per reports, Industrial giant 3M (MMM) reported a drop in quarterly adjusted profit driven by declining demand for its disposable N95 masks as COVID-19 recedes. A fall in COVID-19 cases globally due to high vaccination rates caused demand for masks to decrease, impacting the margins of the bigg...

Apr 28, 2022 View Article

Marina Pariseau Rejoins 3M As Chief Diversity Officer – $MMM $DIA

As per reports, Marina Pariseau joined 3M (MMM) as its chief diversity officer and vice president, Global Diversity & Inclusion, Human Resources starting Feb. 14. Marina started her Human Resources career at 3M, and her presence offers diverse & inclusive human resources experience. Earlier,...

Mar 15, 2022 View Article

3M Added To List Of Western Firms To Halt Operations In Russia – $MMM $DIA

Reportedly, Industrial giant 3M (MMM) has halted operations in Russia adding to the list of Western firms that have suspended operations in the country after the Ukraine invasion. "After re-assessing our business in Russia, we have decided to suspend all business operations there," the company stat...

Mar 10, 2022 View Article

Gerflor Group Takes Over 3M’s Floor Products Business In Western Europe – $MMM $DIA

As per reports, 3M (MMM) has completed sales of its floor products business in Western Europe, formerly known as Dinac, to Gerflor Group, a global leader in the production and distribution of floorings, wall coverings, and finishes. The business unit was part of 3M's Construction and Home Improvemen...

Mar 02, 2022 View Article

3M Appoints Fiserv’s Suzan Kereere To Its Board – $FISV $MMM $DIA

Reportedly, 3M (MMM) has appointed Suzan Kereere, Head of Global Business Solutions at Fiserv, Inc. (FISV) to its Board of Directors, effective February 10, 2022, increasing the Board size from 12 to 13 members. Kereere has more than 20 years of experience in leading global businesses around the w...

Feb 14, 2022 View Article

3M Announces Q1 Dividend – $MMM $DIA

Reportedly, the board of 3M (MMM) announced their Q1 common stock dividend of $1.49 per share payable on March 12, 2022. The dividend is payable to all shareholders as of Feb. 18, 2022. 3M has paid dividends to its stockholders without interruption for more than 100 years and has returned over $14 b...

Feb 10, 2022 View Article

3M Records Strong Q4 Backed By Strong Demand For Air Filters & Scotch-Branded Products $MMM $DIA

As per reports, 3M (MMM) reported better than expected quarterly profit as more people purchased its air filters and Scotch-branded products. 3M's transportation & electronics and safety & industrial units witnessed 1.5% and 2.2% declines in sales respectively. Net income dropped to $1.34...

Feb 03, 2022 View Article

3M Committed To Making Sure Everyone Who Needs An N95 Has Access – $MMM $DIA

Amid the rapidly spreading Omicron variant, 3M (MMM) has been providing information about 3M N95 respirators, including where to buy them, ensuring a proper fit, and why they are considered the standard for protection. "As we have throughout the pandemic, 3M is committed to making sure everyone w...

Jan 14, 2022 View Article

Global Science Co. 3M Announces Q4 Dividend Payable Dec. 12, 2021

Reportedly, the board of 3M (MMM) announced a fourth-quarter, 2021 dividend on the company's common stock of $1.48 per share payable Dec. 12, 2021, to shareholders of record at the close of business on Nov.19, 2021. The company has succeeded in paying dividends to its shareholders without interrupti...

Nov 15, 2021 View Article

3M Releases Q3 Earnings – Raising Prices Amid Inflation & Logistics Issues

3M (MMM) reported third-quarter earnings, reporting a better-than-expected quarterly profit and revenue riding on sales growth across its business units. Post-It notes to industrial sandpaper Maker, 3M, informed it would increase product prices to deal with inflationary and supply chain pressures ...

Oct 28, 2021 View Article

3M Settles Claims Over Tennessee River Contamination

Reportedly, 3M (MMM) has agreed to pay about $98.4 million to settle claims that it contaminated the Tennessee River with toxic chemicals. The company agreed to resolve the lawsuit by environmental group Tennessee Riverkeeper, a separate class action by residents of Alabama's Morgan County. , and al...

Oct 20, 2021 View Article

3M Innovative Properties Co. & Luxshare Technology Enter Agreement To Obtain A Limited Patent License For Use Of Twin Axial Cable Technology

As per reports, 3M (MMM) Innovative Properties Co. and Luxshare Technology Co Ltd have entered an agreement to obtain a limited patent license for the use of the Twin Axial Cable technology from 3M. Twin Axial cable is used for high-speed data input/output (I/O) in data center servers. The collabor...

Sep 09, 2021 View Article

3M To Pay Quarterly Dividend On Sep 12

As per reports, the board of 3M (MMM) declared a third-quarter dividend of $1.48 per share on the company’s common stock, payable Sept 12, 2021. The dividend is payable to shareholders of record at the close of business on Aug. 23, 2021. 3M (MMM) is a global science comp...

Aug 17, 2021 View Article

3M Reports Strong Quarterly Earnings – Raises Full-Year Forecasts

3M (MMM) released quarter earnings and raised its full-year forecasts as demand increased across major segments as economies prepare to bounce back from the impact of the COVID-19 pandemic. The company caters to industries like automotive, aerospace, and oral care has witnessed a sharp rise in deman...

Jul 29, 2021 View Article

3M Partners Working With Pandemic Action Network To Prepare For Future Pandemics

Reportedly, 3M (MMM) and Pandemic Action Network have collaborated on programs to help curb the spread of COVID-19 and also announced a commitment to work together to help prepare for any future pandemics. 3M will combine its learnings and insights from the Pandemic Action Network (a coalition of m...

Jun 04, 2021 View Article

3M Reports Strong Q12021 Earnings – Sees Higher Costs

Reportedly, 3M (MMM) posted strong profit and revenue estimates in the first quarter, as more and more people bought products to prevent potential coronavirus infections i.e. 3M's N95 masks and general cleaning equipment. Sales for the safety and industrial unit increased 13.7% to $3.3 billion for t...

May 03, 2021 View Article

3M Launches New Silicone Adhesive

Reportedly, 3M (MMM) announced its latest addition to a new class of silicone adhesives that balances strength, flexibility, and comfort, the 2484 3M™ Single Coated Medical Film Tape with Hi-Tack Silicone Adhesive on Liner. The adhesive is breathable, comfortable, and enables up to a seven-day wea...

Apr 07, 2021 View Article

3M Honored As One Of The World’s Most Ethical Companies For 8th Consecutive Year By Ethisphere Institute

Reportedly, 3M (MMM) has been recognized as one of the World's Most Ethical Companies by Ethisphere Institute for 8th Consecutive Year for ethics and integrity in business conduct and compliance. The assessment included more than 200 questions on environmental, cultural, and social practices, ethics...

Feb 24, 2021 View Article

3M Announces Increase In Quarterly Dividend For 63rd Consecutive Year

Reportedly, the board of 3M announced its common stock dividend of $1.48 per share for the first quarter of 2021, to be paid on March 12, 2021, to shareholders at the close of business on February 12, 2021. The dividend is an increase of 1 percent over the quarterly dividend paid in 2020 marking it ...

Feb 05, 2021 View Article

3M Beats Q4 Estimates On Shoulders of Health-Care Division During The Covid-19 Pandemic

3M (MMM) reported better than expected Q4 earnings recently, driven by an increase in demand for its healthcare products during the Covid-19 pandemic. The company’s health-care unit recorded 12.3% in 2020 due to high consistent demand for its disposable respirators and safety products such as hand...

Jan 26, 2021 View Article

Post-it® Brand From 3M Introduces New collection Noted

Reportedly, Post-it® Brand from 3M (MMM) has introduced a new collection of beautifully designed stationery and desktop accessories, Noted. The range offers products like notebooks, planner pads, list notes, acrylic trays, felt tip pens, and more. The new line brings the unmatched technology of Po...

Jan 08, 2021 View Article

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