secwatch.observer — SEC 8-K summary
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Issuer:     Lake Shore Bancorp, Inc. /MD/ (LSBK)
CIK:        0002059653
Form:       8-K
Filed at:   2025-10-23T23:59:59+00:00
Accession:  0001193125-25-248738
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2059653/000119312525248738/0001193125-25-248738-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2059653/000119312525248738/lsbk-20251022.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-248738

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer