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Lakeland Financial is boosting its share buyback plan from $60 million to $90 million.

PayoutRead the original at SEC EDGAR
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Lakeland Financial raised its repurchase limit from $60 million to $90 million, giving it more room to return cash. It is not required to buy shares, so the benefit is uncertain.

LKFN · Lakeland Financial Corporation

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The larger limit gives Lakeland more room to return cash to shareholders. But the company has not promised to buy shares, and it can suspend or end the program, so the benefit is not certain.

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