EXHIBIT 99
Investor Contacts: Jon Greer Media Contact: John Cornwell
651-736-1915 651-733-7698
[email protected] [email protected]
Matt Ginter
651-733-8206
[email protected]
FOR IMMEDIATE RELEASE
3M Authorizes Share Repurchase
St. Paul, Minn. - Nov. 15, 2000 -- 3M's Board of Directors has authorized
the repurchase of up to 10 million shares of the company's stock, effective
Jan. 1, 2001, to Dec. 31, 2001. Reacquired shares will be used to support
employee stock purchase plans and for other corporate purposes, including
acquisitions.
As of Sept. 30, 2000, 3M had 394,433,465 common shares outstanding
and 130,491 shareholders of record.
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FROM:
3M Public Relations
3M Center, Building 225-1S-15
St. Paul, MN 55144-1000
(651) 733-9818