3M Targets $10B Cash Return
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organic sales growthReuters
•Business
Business & Economics
3M to return $10 billion to shareholders, reiterates sales forecast

81% Informative
3 M Co said it would return at least $10 billion in cash to shareholders and targeted an operating margin of about 25% by 2027 .
Bill Brown , who succeeded Mike Roman as CEO in May , has focused on developing new products.
3 M reaffirmed its annual forecast of organic sales growth in the range of 2% to 3% .
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