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First Farmers Financial Corp Announces Common Stock Buyback Program

First Farmers Financial Corp. Announces Common Stock Buyback Program 14th Corporate Stock Buyback since October 2017 April 13, 2021 14:55 ET | Source: First Farmers Financial Corporation First Farmers Financial Corporation Converse, Indiana, UNITED STATES Converse, Indiana, April 13, 2021 (GLOBE NEWSWIRE) First Farmers Financial Corp. (OTCQX:FFMR), announced that the Board of Directors has approved a plan to repurchase up to $2 million in the Corporation’s outstanding common stock on the open market. The timing, price, and quantity of purchases under the stock repurchase plan will be at the discretion of management and may be discontinued, suspended, or restarted at any time.  The program will be funded from current available working capital.  The board feels the stock repurchase plan will provide capital management opportunities and add value for the Company’s shareholders depending upon market and busi

Farmers Financial Status - AG INFORMATION NETWORK OF THE WEST

Farmers Financial Status Farmers National Company spokesperson Randy Dick discusses the land market in relation to farmers. The biggest concern at this time in the agricultural land market is the financial health of producers on a wax poetic about that. Agriculture on the whole is still in good financial shape. The debt to asset ratio is in stop, but it s still way under what it was even 15 years ago. 80S comparison, which there s not a direct correlation between the 80s and today by any means, because the differences. Overall, it s good. Got farmers that are older, they bought, paid for it and so forth. But yet on the flip side, you see on the aggregate that the working capital has dropped 75 percent from the peak in 2012 or 13. And that s very significant. Well, there s still capital in the market. Most farmers are still OK. But margins are getting tighter. The question becomes a smaller number of individuals that are not financially capable, and that s where the probl

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