Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period from October 12, 2021, to October 15, 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 financial performance metrics such as revenue, profit, or cash flow. The following data pertains to the repurchase activity:
| Date | Shares Purchased | Average Price (AR$) | Total Amount (AR$) |
|---|---|---|---|
| October 12, 2021 | 56,400 | 265.27 | 14,961,418.74 |
| October 13, 2021 | 56,200 | 268.21 | 15,073,407.49 |
| October 14, 2021 | 56,000 | 274.78 | 15,387,721.89 |
| October 15, 2021 | 55,000 | 282.13 | 15,658,513.94 |
| Total | 223,600 | - | 61,081,062.06 |
The filing text does not provide clear values for revenue, profit, margins, debt, or liquidity positions.
Material Changes
The primary material change reported is the reduction of outstanding shares through the purchase of 223,600 shares over four trading days. The average purchase price increased daily from AR$ 265.27 to AR$ 282.13. The filing text does not provide comparative data against prior periods for these specific transactions.
Guidance, Outlook, and Risks
Management commentary is limited to confirming that the 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 forward-looking guidance, risk factors, or contingencies are disclosed in this specific filing.
Investor Verification Checklist
- Verify the total number of shares repurchased (223,600) and the total capital deployed (AR$ 61,081,062.06).
- Confirm compliance with the 25% daily volume limit under Argentine securities law.
- Review the trend in average share price during the repurchase window (rising from AR$ 265.27 to AR$ 282.13).
- Check subsequent filings for the total remaining authorization under the share repurchase plan.