Ames National Corporation (NasdaqCM:ATLO) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.11% of its issued share capital. The repurchases will be funded from company's cash.

The program will expire on November 8, 2023. As at November 9, 2022, the company has 8,992,167 issued and outstanding shares.