Assessing 3M (MMM) Valuation After New Mixed Securities Shelf Registration Filing
3M (MMM) recently filed an automatic mixed securities shelf registration that allows it to issue common stock and debt securities as needed. This gives the company added flexibility to fund operations and potential growth projects. See our latest analysis for 3M. At a share price of $165.08, 3M has a 1-year total shareholder return of 10.42%, while the 3-year total shareholder return of about 7x and 5-year total sha…
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