Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period from November 15, 2021, to November 19, 2021. The report details a relevant event concerning the execution of a share repurchase plan approved by the Company's Board of Directors.
Key Financial Metrics
The filing does not provide consolidated revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on share repurchase activity.
| Date | Shares Purchased | Average Price (AR$) | Total Amount (AR$) |
|---|---|---|---|
| November 15, 2021 | 61,300 | 290.66 | 17,817,792.29 |
| November 16, 2021 | 62,300 | 281.95 | 17,565,825.64 |
| November 17, 2021 | 62,600 | 284.76 | 17,826,359.79 |
| November 18, 2021 | 63,000 | 288.02 | 18,145,215.59 |
| November 19, 2021 | 63,700 | 288.14 | 18,354,820.19 |
| Total | 312,900 | ~286.71 | 89,709,013.50 |
Material Changes
The filing does not report material changes to financial performance compared to prior periods. The primary activity 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 (312,900) against the Company's total authorized buyback limit.
- Confirm the compliance of daily purchase volumes with the 25% average daily transaction volume cap.
- Review the Company's most recent 20-F or quarterly report for updated liquidity positions following this cash outflow.
- Check the current status of the share repurchase plan to determine if it remains active or has been completed.