other material
confidence high
sentiment positive
materiality 0.45
FMAO Board authorizes repurchase of up to 650,000 shares (~4.8% of outstanding) through Dec 2023
FARMERS & MERCHANTS BANCORP INC
- Board authorized repurchase of up to 650,000 shares, representing ~4.8% of outstanding common stock.
- Repurchases may be made in open market or privately negotiated transactions.
- Authorization effective January 24, 2023 through December 31, 2023.