---
title: "Lakeland Financial raises share repurchase authorization to $60M, ~$34M remaining"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278151324.md"
description: "Lakeland Financial has raised its common stock repurchase authorization to $60 million, increasing from the previous $30 million. The repurchase program allows for shares to be bought back through various methods, including open market and block trades, and is set to run until April 30, 2027, with the possibility of extension or modification. As of March 5, 2026, approximately $34 million remains available for repurchase."
datetime: "2026-03-06T18:23:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278151324.md)
  - [en](https://longbridge.com/en/news/278151324.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278151324.md)
---

# Lakeland Financial raises share repurchase authorization to $60M, ~$34M remaining

**Lakeland Financial increased its common stock repurchase authorization to $60 million under an amended program.**

**Key Highlights:**

-   Board amended repurchase program to raise aggregate repurchase authorization from $30M to $60M.
-   Company may repurchase shares through open market, block trades or privately negotiated transactions.
-   Program runs through April 30, 2027 and may be extended, modified, suspended or discontinued.
-   As of March 5, 2026, approximately $34M of repurchase authority remains available.

Original SEC Filing: LAKELAND FINANCIAL CORP \[ LKFN \] - 8-K - Mar. 06, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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