Farmers and Merchants Bancorp Inc. (OTCBB:FMAO) announces a share repurchase program. Under the program, Farmers and Merchants Bancorp will repurchase up to 200,000 shares, representing 4.32% of its issued capital. The stock repurchase plan authorizes the company to make repurchases in the open market or in privately negotiated transactions.

The program will expire on December 31, 2015.