Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period from November 23, 2021, to November 26, 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 metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial data presented relates to the specific share repurchase transactions:
| Date | Shares Purchased | Average Price (AR$) | Total Amount (AR$) |
|---|---|---|---|
| November 23, 2021 | 64,000 | 267.23 | 17,102,501.20 |
| November 24, 2021 | 65,300 | 267.52 | 17,468,974.99 |
| November 25, 2021 | 65,300 | 274.40 | 17,939,939.13 |
| November 26, 2021 | 65,300 | 261.04 | 17,045,946.29 |
Total Repurchase Volume: 260,000 shares.
Total Repurchase Cost: AR$ 69,557,361.61.
Material Changes
The filing reports no material changes to the company's operations, financial position, or results of operations compared to prior periods. The primary change is the reduction in outstanding shares due to the repurchase program and the formal termination of that specific plan.
Guidance, Outlook, and Management Commentary
Share Repurchase Plan Termination: Management confirmed that the share repurchase plan is terminated as of November 29, 2021. This termination occurred because the 60-calendar day period mandated from the date of the plan's communication to the market has elapsed.
Compliance: The company stated that all acquisitions complied with the daily limit of 25% of the average daily transaction volume over the previous 90 business days, in accordance with Section 66 of Law No. 26,831.
Outlook: The filing text does not provide any forward-looking guidance, risk factors, or commentary on future business prospects beyond the conclusion of the repurchase plan.
Key Facts for Investor Verification
- Verify the total number of shares repurchased (260,000) against the company's total authorized share capital to assess the impact on ownership dilution.
- Confirm the current status of the company's treasury shares following the termination of this specific plan.
- Check subsequent filings to determine if a new share repurchase plan has been initiated.
- Review the Argentine stock market volume data for the 90 days preceding November 2021 to validate the compliance with the 25% daily trading limit.