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14
Issuer Purchases of Equity Securities
Repurchases of 3M common stock are made to support the Company’s stock-based employee compensation plans and
for other corporate purposes. In February 2013, 3M’s Board of Directors authorized the repurchase of up to $7.5 billion of
3M’s outstanding common stock, with no pre-established end date. In February 2014, 3M’s Board of Directors replaced
the Company’s February 2013 repurchase program with a new repurchase program. This new program authorizes the
repurchase of up to $12 billion of 3M’s outstanding common stock, with no pre-established end date.
Issuer Purchases of Equity Securities
(registered pursuant to S
ection
12 of the Exchange Act)
Period
Total Number of
Shares Purchased
(1)
Average Price
Paid per
Share
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans
or Programs (2)
Maximum
Approximate
Dollar Value of
Shares that May
Yet Be Purchased
under the Plans
or Programs
(Millions)
January 1-31, 2014 2,152,171 $
134.07 2,148,754 $
2,229
February 1-28, 2014 5,058,426 $
130.79 5,058,426 $
11,338
March 1-31, 2014 5,789,597 $
132.90 5,786,921 $
10,569
Total January 1-March 31, 2014 13,000,194 $
132.27 12,994,101 $
10,569
April 1-30, 2014 4,615,353 $
135.93 4,607,663 $
9,943
May 1-31, 2014 2,619,394 $
141.05 2,613,100 $
9,574
June 1-30, 2014 2,674,367 $
143.80 2,674,367 $
9,190
Total April 1-June 30, 2014 9,909,114 $
139.41 9,895,130 $
9,190
July 1-31, 2014 2,969,148 $
144.54 2,963,047 $
8,762
August 1-31, 2014 3,783,000 $
141.90 3,783,000 $
8,225
September 1-30, 2014 2,209,057 $
143.58 2,209,057 $
7,908
Total July 1-September 30, 2014 8,961,205 $
143.19 8,955,104 $
7,908
October 1-31, 2014 6,112,233 $
137.96 6,109,426 $
7,065
November 1-30, 2014 881,629 $
158.12 881,629 $
6,925
December 1-31, 2014 1,370,427 $
162.45 1,369,777 $
6,703
Total October 1-December 31, 2014 8,364,289 $
144.10 8,360,832 $
6,703
Total January 1-December 31, 2014 40,234,802 $
138.92 40,205,167 $
6,703
(1) The total number of shares purchased includes: (i) shares purchased under the Board’s authorizations described
above, and (ii) shares purchased in connection with the exercise of stock options.
(2)
The total number of shares purchased as part of publicly announced plans or programs includes shares purchased
under the Board’s authorizations described above.