Welcome to our dedicated page for 3M news (Ticker: MMM), a resource for investors and traders seeking the latest updates and insights on 3M stock.
3M Company (NYSE: MMM) generates a steady flow of news that reflects its role as a science-driven manufacturing conglomerate. Investors and observers following MMM news will find updates on financial performance, investor events, product and technology announcements, and education and community initiatives. The company regularly issues press releases describing how it applies science to transform industries with customer-focused solutions built on diverse technology platforms and a global footprint.
News about 3M often includes earnings reports and guidance updates, where the company discusses sales, margins, earnings per share, and cash flow, and files related Form 8-K reports. These releases can provide insight into how 3M’s Safety and Industrial, Transportation and Electronics, and Consumer segments are performing and how portfolio actions, such as the spin-off of its healthcare business into Solventum, affect its results.
Another key category of MMM news covers technology and digital innovation. Recent announcements highlight tools such as Ask 3M, an AI-powered assistant that helps customers navigate 3M’s adhesives and tapes, and the 3M Digital Materials Hub, which supports virtual materials sampling and collaboration with 3M scientists. The company also showcases its materials and solutions for consumer electronics, automotive, advanced manufacturing, and data centers at events like CES.
3M news also features consumer brand campaigns and education programs, such as Scotch Brand initiatives around holiday gifting and the 3M Young Scientist Challenge, which recognizes middle school innovators. By reviewing this news stream, readers can see how 3M combines financial reporting, product and technology updates, and science education efforts. Bookmarking the MMM news page on Stock Titan allows users to quickly access these diverse updates in one place.
3M has launched a documentary titled "Not the Science Type" to promote diversity in STEM. Featuring remarkable female scientists, the film aims to challenge stereotypes and inspire future generations. Premiering at the 2021 Tribeca Festival, it's now accessible on Apple TV and Google Play. 3M's commitment includes an initiative to create 5 million STEM learning experiences for underrepresented groups by 2025, reflecting their dedication to equity and inclusion in science.
3M has partnered with the U.S. Marshals Service to seize over one million suspected counterfeit N95 respirators from Old World Timber, LLC in Kentucky. The U.S. District Court granted a temporary restraining order to halt the sale of these fraudulent products. 3M's ongoing campaign against pandemic-related fraud has led to the seizure of over 41 million counterfeit respirators globally. Additionally, the company has investigated over 14,000 fraud reports and filed 36 lawsuits. 3M continues to enhance production of genuine respirators and has created resources to help customers identify authentic products.
On June 2, 2021, 3M announced a collaboration with the Pandemic Action Network to tackle COVID-19 and enhance pandemic preparedness. This partnership aims to support vulnerable communities and drive policy changes for better global response. 3M has increased its N95 respirator production and released a whitepaper on pandemic best practices. Despite vaccination progress, 2021 reported more COVID-19 cases than 2020, underscoring the need for continued vigilance.
3M has announced a distribution agreement with Bemis Associates to distribute and convert 3M™ Scotchlite™ Reflective Materials. This collaboration aims to enhance visibility for sportswear and activewear brands globally. The partnership combines 3M's expertise in reflective materials with Bemis's adhesive solutions, providing unique design capabilities for customers. By joining 3M's global converter network, Bemis will further expand its reach and offerings in the market. 3M continues to innovate in reflective technology, ensuring safety and visibility in low-light conditions.
3M Health Care has launched the 3M™ Harvest RC clarifier, utilizing proprietary fibrous chromatography media for enhanced recombinant protein therapeutic manufacturing. This innovative solution consolidates a traditionally multi-stage process into a single stage, improving monoclonal antibody (mAb) yields. The clarifier offers high recovery rates (>95%), reliable scalability, and reduced manufacturing costs. It supports upstream processes effectively, ensuring consistent effluent quality and simplifying operations for manufacturers. For further details, visit 3M.com/harvest.
3M (NYSE: MMM) has announced two upcoming investor events. The Bernstein's 37th Annual Strategic Decisions Conference will be held on June 3, 2021, featuring CEO Mike Roman at 8:00 a.m. EDT. The UBS Global Industrial and Transportation Virtual Conference will take place on June 8, 2021, with CFO Monish Patolawala speaking at 9:00 a.m. EDT. Both events will be webcast live, and replays will be accessible on 3M's Investor Relations website.
3M Food Safety has launched the 3M™ Environmental Scrub Sampler with a 10 mL Wide Spectrum Neutralizer, aimed at enhancing environmental microbial sampling in food manufacturing. This device, which received the AOAC® Performance Tested Method certification (#022104), allows effective sample collection and neutralizes various sanitizers. Key features include quick biofilm disruption, compatibility with 3M detection methods, and user-friendly design. The introduction addresses critical food safety testing challenges and supports clients' proactive monitoring strategies.
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3M held its Annual Meeting of Shareholders on May 11, 2021, emphasizing its response to the pandemic, strong financial performance, and commitment to sustainability. CEO Mike Roman highlighted the company’s efforts in innovation and productivity while navigating COVID-19 uncertainties. Shareholders elected 12 directors, ratified PricewaterhouseCoopers as the independent public accounting firm, and approved executive compensation. Proposals for target amounts for CEO compensation and transitioning to a public benefit corporation were not approved. Final voting results will be disclosed in a Form 8-K with the SEC.
The 3M Board of Directors declared a quarterly dividend of $1.48 per share for Q2 2021, payable on June 12, 2021, to shareholders of record by May 21, 2021. This marks over 100 years of uninterrupted dividend payments to its shareholders. As of March 31, 2021, 3M had approximately 579.7 million common shares outstanding and 67,849 shareholders of record.