Lake Shore Bancorp announces stock repurchase plan for up to 5% of outstanding shares

Lake Shore Bancorp, Inc. /MD/

Board authorized repurchase of up to 5% of outstanding common stock.
Repurchases expected to begin after July 20, 2026 (one year post-second-step conversion).
Shares may be bought in open market, private transactions, or under Rule 10b5-1 plans.
Program has no expiration date; may be suspended, terminated, or modified anytime.
No obligation to repurchase any specific number of shares.

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