3M Co. shares rallied in the extended session Thursday after the materials and chemicals company said it would pay $10.3 billion to settle claims it was...
3M Co. MMM shares rallied in the extended session Thursday after the materials and chemicals company said it would pay $10.3 billion to settle claims it was responsible for so-called “forever chemicals” in drinking water. The nickname refers to per- and polyfluoroalkyl substances, or PFAS, a group of a synthetic chemicals that do not easily degrade in the environment. Shares rallied more than 4% after hours, following a 1% decline to close at $100.43.
3 billion to settle claims it was responsible for so-called “forever chemicals” in drinking water. The nickname refers to per- and polyfluoroalkyl substances, or PFAS, a group of a synthetic chemicals that do not easily degrade in the environment. Shares rallied more than 4% after hours, following a 1% decline to close at $100.43. 3M will take a charge for a similar amount in the second quarter.
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