Loma Negra Compania Industrial Argentina Sociedad Anonima current report, Q4 FY2022

Business Context and Reporting Period

This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima (Loma Negra) reports a relevant event regarding a share repurchase plan approved by the Board of Directors. The reporting period covers transactions executed between October 31, 2022, and November 4, 2022.

Key Financial Metrics

The filing details specific share repurchase activities rather than general operating financials. The Company purchased a total of 164,700 shares during the reported period.

Date Shares Purchased Average Price (ARS) Total Amount (ARS)
October 31, 2022 13,000 $416.50 $5,414,500.00
November 1, 2022 37,700 $418.10 $15,762,506.69
November 2, 2022 37,400 $407.16 $15,227,832.84
November 3, 2022 38,500 $409.06 $15,748,864.25
November 4, 2022 38,100 $417.94 $15,923,699.60
Total 164,700 ~$413.00 $68,077,403.38

The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity metrics.

Material Changes

The filing does not provide comparative data against a prior period to assess material changes in financial performance. The primary change reported is the reduction of outstanding shares through the repurchase program.

Guidance, Outlook, and Risks

Management commentary is limited to confirming that the acquisitions complied with the daily limit for operations in the Argentine market, which is capped at 25% of the average daily transaction volume of the Company's shares during the previous 90 business days, in accordance with Section 66 of Law No. 26,831. No specific guidance, outlook, or new risk factors were disclosed in this document.

Investor Verification Checklist

  • Verify the total number of shares repurchased (164,700) and the total capital deployed (approx. ARS 68.1 million).
  • Confirm compliance with the 25% daily volume limit under Argentine securities law.
  • Review the Board of Directors' original approval of the share repurchase plan to understand the total authorized scope.
  • Check subsequent filings for updates on the remaining balance of the repurchase program.