BUZZ-3M reiterates annual sales forecast; shares down

Reuters
02-26
BUZZ-<a href="https://laohu8.com/S/MMM">3M</a> reiterates annual sales forecast; shares down

** Shares of diversified manufacturer 3M Co MMM.N down ~1% at $145.30 premarket

** Co reaffirms its annual forecast of organic sales growth in the range of 2% to 3%

** 3M says it would return at least $10 bln in cash to shareholders and expects operating margin to be about 25% by 2027

** Stock rose 41.2% in 2024; as of last close shares up 13.5% YTD

(Reporting by Rupali Chaudhary in Bengaluru)

((Rupali.Chaudhary@thomsonreuters.com))

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