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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549 

 

 

 

FORM 8-K 

 

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): March 10, 2020 

 

 

 

LAKELAND FINANCIAL CORPORATION

(Exact name of Registrant as specified in its charter) 

 

 

 

Indiana   0-11487   35-1559596

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

202 East Center Street

Warsaw, Indiana

  46580
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (574) 267-6144

 

 

(Former name or former address if changed since last report.)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, no par value   LKFN   NASDAQ

 

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (s230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (s240.12b-2 of this chapter).

 

Emerging growth company  ¨

 

If an emerging growth company, indicate by check mark if the Registrant has elected not to use extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

 

 

  

 

 

 

Item 8.01Other Events.

 

The board of directors of Lakeland Financial Corporation (the “Company”), on January 14, 2020, reauthorized the repurchase of shares of Company common stock, with an aggregate purchase price of up to $30 million, pursuant to the Company’s share repurchase plan, as previously disclosed in the Company’s periodic reports from time to time.

 

On March 10, 2020, the Company initiated share repurchases pursuant to the share repurchase plan. The repurchase program does not obligate the Company to repurchase any dollar amount or number of shares, and the program may be extended, modified, suspended or discontinued at any time.

 

 

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

LAKELAND FINANCIAL CORPORATION

 

 

Dated: March 11, 2020 By: /s/ Lisa M. O’Neill  
  Lisa M. O’Neill
  Executive Vice President
  and Chief Financial Officer