Brief: 3M Says Combat Arms Earplugs Settlement Set To Exceed 98% Participation Milestone

3M Co

29/01/2024 11:34

Jan 29 (Reuters) - 3M Co  MMM.N :
    * COMBAT ARMS EARPLUGS SETTLEMENT SET TO EXCEED 98%
PARTICIPATION
MILESTONE
    * 3M CO - 3M HAS ELECTED TO PAY $1 BILLION IN CASH, INSTEAD
OF
STOCK
    * 3M CO - 3M AGREED TO PAY A TOTAL OF $6.0 BILLION TO
RESOLVE
LITIGATION OVER TIME PERIOD OF 2023 TO 2029
    * 3M CO - HAS ELECTED TO PAY $1.0 BILLION IN CASH, INSTEAD
OF
STOCK
    * 3M: CLAIMANT PARTICIPATION IN COMBAT ARMS EARPLUGS
LITIGATION
SETTLEMENT ON TRACK TO EXCEED THRESHOLD SET IN SETTLEMENT BY
MARCH 25

Source text for Eikon:  ID:nPn23GDVwa 
Further company coverage:  MMM.N 

 ((Reuters.Briefs@thomsonreuters.com;))