MAPLEWOOD (dpa-AFX) - 3M Company (MMM) Monday said it has completed the
spin-off of its health care business named Solventum Corporation, which is
listed on the New York Stock Exchange as SOLV.

3M stock holders received 1 share of Solventum for every four 3M shares they
held as on March 18, 2024.

3M retained 19.9 percent of the outstanding shares of Solventum, which will be
monetized within five years following the spin-off, the company said in a
statement.

'Both companies are positioned to pursue their respective growth and tailored
capital allocation plans,' commented Mike Roman, 3M chairman and chief executive
officer.



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