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Farmers & Merchants Bancorp, Inc. Buyback

OLI recorded this information on 1/18/2013

Company: Farmers & Merchants Bancorp, Inc.
Buyback: FMAO buyback
Share Amount Authorized: 200,000
Buyback Details: Farmers & Merchants Bancorp, Inc. (OTC Bulletin Board: FMAO) (the "Company") announced today that its Board of Directors has authorized the repurchase of up to 200,000 shares (approximately 4.27%) of its outstanding shares of common stock commencing January 18, 2013 and ending December 31, 2013.

Farmers & Merchants Bancorp is a bank holding company. Through its subsidiary, FARMERS & MERCHANTS STATE BANK (the Bank), Co. engages in general commercial banking business. The Bank's activities include commercial, agricultural and residential mortgage as well as consumer and credit card lending activities. A substantial amount of the Bank's loan portfolio is comprised of loans made to customers in the farming industry for such things as farm land, farm equipment, livestock and operating loans for seed, fertilizer, and feed. Other types of lending activities include loans for home improvements and loans for such items as autos, trucks, recreational vehicles and motorcycles.

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Company Name:  Farmers & Merchants Bancorp Inc (OH)
Stock buyback:  FMAO buyback
Website:  www.fm-bank.com
Sector:  Banking & Savings
Number of ETFs Holding FMAO:  16
Total Market Value Held by ETFs:  $22.94M
Total Market Capitalization:  $290.00M
% of Market Cap. Held by ETFs:  7.91%
 

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April 25, 2024    5:38 PM Eastern
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