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Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

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Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

Equity compensation plans’ information is incorporated by reference from Part III, Item 12, “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters,” of this document, and should be considered an integral part of Item 5. At January 31, 2019, there were 76,596 shareholders of record. 3M’s stock ticker symbol is MMM and is listed on the New York Stock Exchange, Inc. (NYSE), the Chicago Stock Exchange, Inc., and the SWX Swiss Exchange. Cash dividends declared and paid totaled $1.36 and $1.175 per share for each quarter in 2018 and 2017, respectively.

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 2016, 3M’s Board of Directors authorized the repurchase of up to $10 billion of 3M’s outstanding common stock, with no pre-established end date. In November 2018, 3M’s Board of Directors replaced the Company’s February 2016 repurchase program with a new repurchase program. This new program authorizes the repurchase of up to $10 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)

Maximum
Approximate
Dollar Value of
Total Number ofShares that May
Shares PurchasedYet Be Purchased
Total Number ofAverage Priceas Part of Publiclyunder the Plans
Shares PurchasedPaid perAnnounced Plansor Programs
Period(1)Shareor Programs (2)(Millions)
January 1-31, 2018714,575$245.98714,138$4,894
February 1-28, 20181,420,634$233.781,420,599$4,562
March 1-31, 20181,791,496$228.821,791,496$4,152
Total January 1-March 31, 20183,926,705$233.743,926,233$4,152
April 1-30, 20182,135,968$213.632,135,968$3,696
May 1-31, 20183,283,170$201.643,282,339$3,034
June 1-30, 20182,358,619$200.312,358,619$2,562
Total April 1-June 30, 20187,777,757$204.537,776,926$2,562
July 1-31, 20181,851,663$201.171,851,663$2,189
August 1-31, 20181,813,661$205.371,813,661$1,817
September 1-30, 20181,476,649$211.621,476,649$1,504
Total July 1-September 30, 20185,141,973$205.655,141,973$1,504
October 1-31, 20182,346,310$198.162,346,310$1,039
November 1-30, 20181,847,238$199.511,847,238$9,828
December 1-31, 20182,249,175$192.102,249,175$9,396
Total October 1-December 31, 20186,442,723$196.436,442,723$9,396
Total January 1-December 31, 201823,289,158$207.4623,287,855$9,396
(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.

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