3M (MMM) Stock Buyback History
TTM buyback yield 5.63% · Shareholder yield (TTM) 5.63%.

3M
MMM
TTM buyback yield
5.63%
Shareholder yield (TTM)
5.63%
5Y share count change
-7.4%
TTM buyback spend
$4.81B
SBC coverage (TTM)
21.39x
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: 21.39x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $4.81B | $225.00M | $4.59B | 0.54B | -2.4% | 5.63% |
| 2024 | $1.80B | $289.00M | $1.51B | 0.55B | -0.3% | 2.57% |
| 2023 | $33.00M | $274.00M | −$241.00M | 0.55B | -2.4% | 0.07% |
| 2022 | $1.46B | $263.00M | $1.20B | 0.57B | -3.0% | 2.65% |
| 2021 | $2.20B | $274.00M | $1.93B | 0.59B | 0.5% | 2.58% |
| 2020 | $368.00M | $262.00M | $106.00M | 0.58B | -0.5% | 0.44% |
| 2019 | $1.41B | $278.00M | $1.13B | 0.59B | -2.8% | 1.66% |
| 2018 | $4.87B | $302.00M | $4.57B | 0.60B | -1.7% | 5.26% |
| 2017 | $2.07B | $324.00M | $1.74B | 0.61B | -1.0% | 1.76% |
| 2016 | $3.75B | $298.00M | $3.46B | 0.62B | -2.9% | 4.19% |
| 2015 | $5.24B | $276.00M | $4.96B | 0.64B | -3.7% | 6.77% |
| 2014 | $5.65B | $280.00M | $5.37B | 0.66B | -4.6% | 6.45% |
| 2013 | $5.21B | $240.00M | $4.97B | 0.69B | -1.4% | 6.65% |
| 2012 | $2.20B | $223.00M | $1.98B | 0.70B | -2.2% | 4.11% |
| 2011 | $2.70B | $253.00M | $2.45B | 0.72B | -0.9% | 5.67% |
| 2010 | $854.00M | $274.00M | $580.00M | 0.73B | 2.7% | 1.66% |
| 2009 | $17.00M | $217.00M | −$200.00M | 0.71B | -0.1% | 0.03% |
| 2008 | $1.63B | $202.00M | $1.43B | 0.71B | -3.4% | 4.89% |
| 2007 | $3.24B | $228.00M | $3.01B | 0.73B | -3.8% | 6.50% |
| 2006 | $2.35B | $200.00M | $2.15B | 0.76B | -2.0% | 4.95% |
| 2005 | $2.38B | $0.00 | $2.38B | 0.78B | -2.5% | 4.86% |
| 2004 | $1.79B | $0.00 | $1.79B | 0.80B | 0.2% | 3.38% |
| 2003 | $685.00M | $0.00 | $685.00M | 0.80B | 0.5% | 1.23% |
| 2002 | $942.00M | $0.00 | $942.00M | 0.79B | -1.1% | 2.34% |
| 2001 | $1.32B | $0.00 | $1.32B | 0.80B | 0.0% | 3.43% |
| 2000 | $814.00M | $0.00 | $814.00M | 0.80B | -1.6% | — |
| 1999 | $825.00M | $0.00 | $825.00M | 0.81B | -0.4% | — |
| 1998 | $618.00M | $0.00 | $618.00M | 0.82B | -2.7% | — |
| 1997 | $1.69B | $0.00 | $1.69B | 0.84B | -1.7% | — |
| 1996 | $532.00M | $0.00 | $532.00M | 0.85B | — | — |
| 1995 | $351.00M | $0.00 | $351.00M | — | — | — |
| 1994 | $689.00M | $0.00 | $689.00M | — | — | — |
| 1993 | $706.00M | $0.00 | $706.00M | — | — | — |
| 1992 | $247.00M | $0.00 | $247.00M | — | — | — |
| 1991 | $240.00M | $0.00 | $240.00M | — | — | — |
| 1990 | $420.00M | $0.00 | $420.00M | — | — | — |
| 1989 | $852.00M | $0.00 | $852.00M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)100% of headroom
Headroom $221.00M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does 3M buy back its own stock?
- Yes, 3M (MMM) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does 3M spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $4.81B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is 3M's buyback yield?
- TTM buyback yield is about 5.63% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is 3M's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 5.63% combined (TTM-based where available).
Is 3M diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has 3M's share count changed?
- Diluted weighted average shares changed by about -7.4% over roughly five fiscal years (annual income statement data).