Ames National authorizes repurchase of up to 100,000 shares (~1.1% outstanding) and declares $0.27 dividend

AMES NATIONAL CORP

Stock repurchase program approved Nov 9, 2022; up to 100,000 shares (~1.1% of 8,992,167 outstanding) from Nov 14, 2022 to Nov 8, 2023.
Cash dividend of $0.27 per common share declared, payable Feb 15, 2023 to shareholders of record Feb 1, 2023.
Repurchases will be made in open market at management's discretion based on price, liquidity, and market conditions; program may be limited or discontinued anytime.

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