other material
confidence high
sentiment positive
materiality 0.50
Farmers & Merchants Bancorp authorizes repurchase of up to 600,000 shares (4.6% of outstanding)
FARMERS & MERCHANTS BANCORP INC
- Board authorized buyback of up to 600,000 shares (~4.6% of outstanding common stock).
- Repurchases may be executed via open market or privately negotiated transactions.
- Authorization is effective Jan 25, 2022 through Dec 31, 2022.