{"pre_text": ["part ii item 5 .", "market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities .", "equity compensation plans 2019 information is incorporated by reference from part iii , item 12 , 201csecurity ownership of certain beneficial owners and management and related stockholder matters , 201d of this document , and should be considered an integral part of item 5 .", "at january 31 , 2016 , there were 84607 shareholders of record .", "3m 2019s stock is listed on the new york stock exchange , inc .", "( nyse ) , the chicago stock exchange , inc. , and the swx swiss exchange .", "cash dividends declared and paid totaled $ 1.025 per share for each of the second , third , and fourth quarters of 2015 .", "cash dividends declared in the fourth quarter of 2014 included a dividend paid in november 2014 of $ 0.855 per share and a dividend paid in march 2015 of $ 1.025 per share .", "cash dividends declared and paid totaled $ 0.855 per share for each of the second and third quarters of 2014 .", "cash dividends declared in the fourth quarter of 2013 include a dividend paid in march 2014 of $ 0.855 per share .", "stock price comparisons follow : stock price comparisons ( nyse composite transactions ) ."], "post_text": ["issuer purchases of equity securities repurchases of 3m common stock are made to support the company 2019s stock-based employee compensation plans and for other corporate purposes .", "in february 2014 , 3m 2019s board of directors authorized the repurchase of up to $ 12 billion of 3m 2019s outstanding common stock , with no pre-established end date .", "in february 2016 , 3m 2019s board of directors replaced the company 2019s february 2014 repurchase program with a new repurchase program .", "this new program authorizes the repurchase of up to $ 10 billion of 3m 2019s outstanding common stock , with no pre-established end date. ."], "table": [["( per share amounts )", "first quarter", "second quarter", "third quarter", "fourth quarter", "total"], ["2015 high", "$ 170.50", "$ 167.70", "$ 157.94", "$ 160.09", "$ 170.50"], ["2015 low", "157.74", "153.92", "134.00", "138.57", "134.00"], ["2014 high", "$ 139.29", "$ 145.53", "$ 147.87", "$ 168.16", "$ 168.16"], ["2014 low", "123.61", "132.02", "138.43", "130.60", "123.61"]], "table_ori": [["(Per share amounts)", "First Quarter", "Second Quarter", "Third Quarter", "Fourth Quarter", "Total"], ["2015 High", "$170.50", "$167.70", "$157.94", "$160.09", "$170.50"], ["2015 Low", "157.74", "153.92", "134.00", "138.57", "134.00"], ["2014 High", "$139.29", "$145.53", "$147.87", "$168.16", "$168.16"], ["2014 Low", "123.61", "132.02", "138.43", "130.60", "123.61"]]}

Question: in february 2016 what was the percent reduction in the board of directors authorized the repurchase to the february 2014
Evidence:
text_12: in february 2014 , 3m 2019s board of directors authorized the repurchase of up to $ 12 billion of 3m 2019s outstanding common stock , with no pre-established end date .
text_14: this new program authorizes the repurchase of up to $ 10 billion of 3m 2019s outstanding common stock , with no pre-established end date. .
Program: subtract(10, 12), divide(#0, 12)
Answer:
str_answer: 16.7%
exe_answer: -0.16667