Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period from August 23, 2021, to August 27, 2021. The report discloses a "Relevant Event" concerning the execution of a share repurchase plan previously approved by the Board of Directors.
Key Financial Metrics
The filing details specific share buyback transactions rather than general operating financials. The Company purchased a total of 263,300 shares during the reporting week.
| Date | Shares Purchased | Average Price (AR$) | Total Amount (AR$) |
|---|---|---|---|
| August 23, 2021 | 52,500 | 268.19 | 14,080,124.10 |
| August 24, 2021 | 52,500 | 273.36 | 14,351,708.50 |
| August 25, 2021 | 52,800 | 276.12 | 14,579,083.15 |
| August 26, 2021 | 52,500 | 272.60 | 14,311,798.80 |
| August 27, 2021 | 53,000 | 276.47 | 14,652,906.29 |
| Total | 263,300 | - | 71,975,620.84 |
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity for this period.
Material Changes
The primary material change is the reduction of outstanding shares through the repurchase program. The average purchase price fluctuated between AR$ 268.19 and AR$ 276.47 during the week. The filing text does not provide comparative data against a prior period for these specific transactions.
Guidance, Outlook, and Risks
Management confirmed that all 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 filing.
Investor Verification Checklist
- Verify the total number of shares repurchased (263,300) against the Company's total authorized buyback limit.
- Confirm compliance with the 25% daily volume limit under Argentine securities law.
- Review the impact of the AR$ 71,975,620.84 cash outflow on the Company's liquidity position.
- Check subsequent filings for the status of the remaining share repurchase plan.