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

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2026.03.06 18:23
portai
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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.