Farmers & Merchants Bancorp authorizes repurchase of up to 650,000 shares (4.8% of outstanding) through Dec 2024

FARMERS & MERCHANTS BANCORP INC

Board authorized repurchase of up to 650,000 shares, representing about 4.8% of outstanding common stock.
Repurchases may be made in open market or privately negotiated transactions; program expires Dec 31, 2024.
Announcement made on January 16, 2024; program begins immediately.

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