Dividends & Buybacks ·
Lakeland Financial increases share repurchase authorization to $90 million from $60 million
LKFNLakeland Financial Corp
The board of directors of Lakeland Financial Corporation amended its existing share repurchase program, increasing the aggregate authorized amount for common stock buybacks from $60 million to $90 million. Under the amended plan, the company may repurchase shares from time to time until April 30, 2027, through open market transactions, block trades, or privately negotiated deals. As of November 10, 2026, approximately $38 million remained available under the previous authorization. The program does not obligate the company to repurchase any specific dollar amount or number of shares and may be modified or discontinued at any time. Lakeland Financial Corporation operates as a bank holding company providing financial services.