Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period from August 30, 2021, to September 3, 2021. The report details a specific relevant event: the execution and subsequent termination of a share repurchase plan approved by the Board of Directors.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial data presented relates to the share repurchase transactions:
| Date | Shares Purchased | Average Price (AR$) | Total Amount (AR$) |
|---|---|---|---|
| August 30, 2021 | 53,200 | 279.67 | 14,878,783.30 |
| August 31, 2021 | 53,800 | 280.04 | 15,066,124.00 |
| September 1, 2021 | 52,000 | 279.47 | 14,532,737.80 |
| September 2, 2021 | 52,800 | 276.54 | 14,601,320.20 |
| September 3, 2021 | 53,000 | 273.34 | 14,486,826.24 |
Total Shares Repurchased: 264,800
Total Cost: AR$ 73,565,791.54
Material Changes
The primary material change reported is the reduction of the company's outstanding share count by 264,800 shares through the repurchase program. The filing notes that all acquisitions complied with the daily limit of 25% of the average daily transaction volume over the previous 90 business days, as required by Argentine law.
Guidance, Outlook, and Management Commentary
Management announced the termination of the share repurchase plan as of September 3, 2021. This termination occurred because the mandatory 60-calendar day period for the plan elapsed following the initial communication of the relevant event to the market. No forward-looking guidance, risk factors, or unusual items regarding operations were disclosed in this specific filing.
Investor Verification Checklist
- Verify the total number of shares repurchased (264,800) against the company's total outstanding share count to assess the impact on ownership dilution.
- Confirm the total cash outflow of approximately AR$ 73.6 million and its impact on the company's liquidity position.
- Review the official announcement date of the repurchase plan to validate the 60-day termination timeline.
- Check subsequent filings for the treatment of the repurchased shares (e.g., cancellation or held as treasury stock).