UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01 Other Events.
On June 4, 2025, F & M Bank Corp. (the “Company”) announced that its Board of Directors (the “Board”) has authorized a Stock Repurchase Program (the “Program”) to purchase up to $2.2 million of the Company’s common stock. The Program will be administered in accordance with the terms of Rule 10b-18 and 10b5-1 under the Securities Exchange Act of 1934, as amended and in accordance with all applicable laws and regulations, including the Virginia Stock Corporation Act and the regulations of the Board of Governors of the Federal Reserve System. The Program is effective as of June 4, 2025 and will expire on May 31, 2026, subject to the Board’s authority to suspend, terminate or modify the Program. The Board’s authorization is discretionary and there is no assurance that the Company will repurchase any shares under the Program. The actual means and timing of any purchases, target number of shares and prices or range of prices under the Program will be determined by the Company at its discretion and will depend on a number of factors, including the market price of the Company’s common stock, share issuances under Company equity plans, general market and economic conditions, and applicable legal and regulatory requirements.
On June 4, 2025, the Company issued a press release regarding the Program, which press release is included as Exhibit 99.1 to this Current Report and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. |
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104 |
| Cover Page Interactive Data File (embedded within the Inline XBRL document) |
2 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| F & M Bank Corp. |
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Date: June 4, 2025 | By: | /S/ Lisa F. Campbell |
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| Lisa F. Campbell Executive Vice President and Chief Financial Officer |
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