Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period from May 24, 2021, to May 28, 2021. The report discloses a relevant event regarding the execution of a share repurchase plan approved by the Board of Directors.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on share repurchase activity.
| Date | Shares Purchased | Average Price (AR$) | Total Amount (AR$) |
|---|---|---|---|
| May 24, 2021 | - | - | - |
| May 25, 2021 | - | - | - |
| May 26, 2021 | 46,500 | 210.82 | 9,803,173.20 |
| May 27, 2021 | 45,700 | 214.59 | 9,806,706.50 |
| May 28, 2021 | 45,700 | 218.18 | 9,971,071.50 |
| Total | 137,900 | - | 29,580,951.20 |
Note: No transactions occurred on May 24 and May 25 as the Argentine stock market was closed for a national holiday.
Material Changes
The filing does not provide comparative data against prior periods. The primary activity reported is the reduction of outstanding shares through the open market repurchase of 137,900 shares over three trading days.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on operational outlook, or discussion of risks and contingencies. It confirms 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 Article 66 of Law No. 26,831.
Key Facts for Investor Verification
- Repurchase Volume: The company purchased 137,900 shares between May 26 and May 28, 2021.
- Total Cost: The total expenditure for these repurchases was approximately AR$ 29.58 million.
- Price Trend: The average purchase price increased daily from AR$ 210.82 to AR$ 218.18 during the reporting window.
- Regulatory Compliance: Transactions adhered to Argentine market regulations regarding daily volume limits.
- Missing Data: The filing does not disclose the total number of shares authorized for repurchase, the remaining balance of the plan, or the company's current cash position.