Lakeland Financial raises buyback authorization to $90M from $60M, extending through April 30, 2027

LAKELAND FINANCIAL CORP

Board approved the increase on November 10, 2026, lifting the aggregate repurchase authorization for Lakeland common stock to $90M from $60M.
About $38M of aggregate purchase authority remained available under the amended program as of November 10, 2026.
Repurchases may be made in the open market, through block trades, in privately negotiated transactions or otherwise, until the program expires April 30, 2027.
The program is discretionary: it does not obligate Lakeland to buy back any dollar amount or number of shares and may be extended, modified, suspended or discontinued.
Lakeland Financial (LKFN, Nasdaq) is the Warsaw, Indiana holding company; EVP and CFO Lisa M. O'Neill signed the report.

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