Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period ending March 31, 2021. The report discloses a relevant event regarding a share repurchase plan approved by the Board of Directors, executed in compliance with Argentine National Securities Commission regulations.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on share repurchase activity.
| Date | Shares Purchased | Average Price (ARS) | Total Amount (ARS) |
|---|---|---|---|
| March 29, 2021 | 52,500 | $179.92 | $9,445,885.00 |
| March 30, 2021 | 51,000 | $184.61 | $9,415,030.70 |
| March 31, 2021 | 50,500 | $187.19 | $9,453,325.80 |
| Total | 154,000 | - | $28,314,241.50 |
Material Changes
The filing details a reduction in outstanding shares through the purchase of 154,000 shares over three consecutive trading days. The average purchase price increased daily from $179.92 to $187.19. No other material changes to operations or financial position are reported in this document.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future operations, or discussion of risks and contingencies. It confirms that acquisitions complied with the daily limit of 25% of the average daily transaction volume over the previous 90 business days as required by Law No. 26,831.
Investor Verification Checklist
- Verify the total number of shares repurchased (154,000) against the company's total authorized share repurchase plan limits.
- Confirm the total cash outflow of approximately ARS 28.3 million for the period.
- Review the company's most recent Form 20-F for comprehensive financial statements, as this 6-K does not contain them.
- Check subsequent filings to determine if the repurchase plan continued beyond March 31, 2021.