3M Corp Stock Price, News & Analysis

3M's (NYSE:MMM) Scotch-Brite brand has established National Shine Brite Day on June 26, commemorating the brand's first shelf appearance in 1958. The initiative, part of the "Brite Side of Clean" campaign, aims to transform cleaning from a mundane task into an empowering, joyful activity.

The brand has partnered with Peloton Instructor Ally Love as their Clean Partner to promote this new approach to cleaning. The campaign features a 30-second commercial set to Outkast's "So Fresh, So Clean" and encourages combining cleaning with music and dance to create a more enjoyable experience.

3M (NYSE:MMM) and Discovery Education have announced the top 10 finalists for the 2025 3M Young Scientist Challenge, the nation's premier middle school science competition. Students aged 11-14 submitted innovative solutions across categories including robotics, home improvement, automotive, safety, AR/VR, and climate technology.

Finalists will receive exclusive mentorship from 3M scientists and compete at the 3M Innovation Center in St. Paul, Minnesota, from October 13-14, 2025. The grand prize winner will receive $25,000, a destination trip, and the title of "America's Top Young Scientist." The previous year's winner, Sirish Subash, created PestiSCAND, a device that detects pesticide residues on produce using spectrophotometry and machine learning.

3M (NYSE:MMM) and Discovery Education have announced 32 state merit winners and 4 honorable mentions for the 2025 3M Young Scientist Challenge, the nation's premier middle school science competition. The challenge invited students in grades 5-8 to submit videos explaining original solutions to everyday problems, with new entry categories including robotics, home improvement, automotive, safety, AR/VR, and climate technology.

State merit winners receive special recognition and a prize pack. The competition, now in its eighteenth year, has produced notable alumni who have given TED Talks, filed patents, founded nonprofits, made Forbes 30 Under 30, and exhibited at the White House Science Fair. The program is supported by Young Scientist Lab, providing free digital resources for students, teachers, and families.

The Association for Advancing Automation (A3) and 3M are hosting the Robotic Grinding and Finishing Conference on July 22-23, 2024, at the Hyatt Regency Minneapolis. The two-day event will focus on next-generation material-removal solutions, featuring technical sessions, live robotic demos, and networking opportunities. The conference includes a keynote by Mike Kesti, SVP of 3M's Corporate Research Laboratory, on "Evolving R&D at 3M by Leveraging Digital." Notable speakers include representatives from FANUC America, FerRobotics, Suhner Switzerland, and PushCorp. Attendees will have exclusive access to a 3M Center Tour featuring eight robotic automation demos and complimentary passes to the 3M Open PGA Golf Tournament opening round.

3M and Discovery Education announced the 2025 Alumni Grants Program recipients from the Young Scientist Challenge Alumni Network. The program awarded grants across three categories: Continuation Projects ($5,000 each) went to Sean Jiang and Aakash Manaswi for their AI and bee colony projects; New Idea Projects ($2,500 each) were awarded to Viraj Pandey and Moitri Santra for clean energy and citrus sensing innovations; and Science in Your Community ($2,000 each) supported five alumni including Anish Kosaraju, Veda Murthy, Amritha Praveen, Daniel Thomas, and Harini Venkatesh for their community STEM initiatives. The 3M Young Scientist Challenge, America's premier middle school science competition, offers students in grades 5-8 opportunities to win mentorship with 3M scientists and a $25,000 grand prize.

3M (NYSE: MMM) has launched ScotchBlue PROSharp Painter's Tape featuring new Edge-Lock+ Technology, delivering 2x better hold compared to the original version. The innovative tape provides ultra-sharp paint lines and enhanced sealing capabilities to prevent paint seepage, reducing the need for touch-ups and repaints.

The versatile tape offers improved resistance to tearing and slivering, suitable for both indoor and outdoor applications across various surfaces including painted drywall, countertops, window glass, wood trim, and siding. The product is designed to leave no damage or sticky residue, even after sun exposure, and is now available at major retailers.

3M (NYSE: MMM) held its Annual Meeting of Shareholders where all proposed items received strong shareholder support. Shareholders elected 11 directors to serve one-year terms until the 2026 Annual Meeting, including William M. "Bill" Brown as Chairman and CEO. The meeting also saw the approval of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2025. Additionally, shareholders supported the advisory vote on executive compensation. The final voting results will be disclosed in a Form 8-K filing with the SEC.

3M (NYSE:MMM) has announced its quarterly dividend payment for Q2 2025. The company will pay a dividend of $0.73 per share to shareholders of record as of May 23, 2025, with the payment scheduled for June 12, 2025. Notably, 3M has maintained an uninterrupted streak of dividend payments to shareholders for over 100 years, demonstrating its long-standing commitment to returning value to investors.

3M (NYSE: MMM) has reached a significant settlement agreement with New Jersey regarding PFAS-related claims. The agreement includes a $210 million pre-tax commitment to resolve the legacy Chambers Works litigation and an additional $75 million pre-tax commitment for current and future statewide claims from 2030 through 2050. The settlement addresses claims related to the Chambers Works site in Salem County, previously owned by DuPont and now by Chemours Company. 3M expects to record a total pre-tax charge of $285 million in Q2 2025. The company reaffirmed its commitment to discontinue all PFAS manufacturing by the end of 2025, a decision first announced in 2022. The State specifically acknowledged 3M's proactive steps in ceasing PFAS manufacturing compared to other companies.