other_material
confidence high
sentiment positive
materiality 0.35
FMAO board authorizes repurchase of up to 650,000 shares (4.7% of outstanding)
FARMERS & MERCHANTS BANCORP INC
- Repurchase program covers up to 650,000 shares, approximately 4.7% of outstanding common stock.
- Program effective January 27, 2026 through December 31, 2026.
- Repurchases may be made in open market or private transactions at company's discretion.
- No commitment to repurchase any specific number of shares; program may be suspended or discontinued.
item 8.01