3M 2013 Annual Report Download - page 19

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13
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 2011, 3M’s Board of Directors authorized the repurchase of up to $7.0 billion of
3M’s outstanding common stock, with no pre-established end date. In February 2013, 3M’s Board of Directors replaced
the February 2011 repurchase program with a new repurchase program. This new program authorizes 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 Section
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, 2013 1,664,478 $
97.17 1,634,216 $
2,306
February 1-28, 2013 3,199,508 $
103.21 2,644,039 $
7,227
March 1-31, 2013 2,995,946 $
105.13 2,981,063 $
6,913
Total January 1-March 31, 2013 7,859,932 $
102.66 7,259,318 $
6,913
April 1-30, 2013 2,739,109 $
105.56 2,730,861 $
6,625
May 1-31, 2013 6,626,563 $
110.46 6,594,113 $
5,897
June 1-30, 2013 1,930,590 $
109.34 1,930,331 $
5,685
Total April 1-June 30, 2013 11,296,262 $
109.08 11,255,305 $
5,685
July 1-31, 2013 4,367,343 $
114.23 4,359,967 $
5,187
August 1-31, 2013 4,248,029 $
115.44 4,246,000 $
4,697
September 1-30, 2013 4,885,431 $
118.91 4,868,307 $
4,118
Total July 1-September 30, 2013 13,500,803 $
116.31 13,474,274 $
4,118
October 1-31, 2013 6,379,918 $
121.62 6,334,328 $
3,348
November 1-30, 2013 3,769,708 $
129.01 3,768,421 $
2,862
December 1-31, 2013 2,638,987 $
130.53 2,637,697 $
2,518
Total October 1-December 31, 2013 12,788,613 $
125.64 12,740,446 $
2,518
Total January 1-December 31, 2013 45,445,610 $
114.78 44,729,343 $
2,518
(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.