3M sets medium-term targets: ~25% op margin by 2027, $10B+ shareholder returns

3M CO

Medium-term outlook: organic sales growth to outperform macro; operating margin ~25% by 2027.
High-single digit adjusted EPS growth annually; free cash flow conversion >100%.
Capital deployment framework to return at least $10 billion to shareholders over outlook period.
CEO William Brown cites new performance-based culture and 3M eXcellence operating system.

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