Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima (Loma Negra) reports a relevant event regarding a share repurchase plan approved by the Board of Directors. The reporting period covers transactions executed from July 19, 2021, to July 23, 2021.
Key Financial Metrics
The filing details specific share buyback activity rather than general financial performance metrics such as revenue or profit. The Company purchased its own shares on the following dates:
| Date | Shares Purchased | Average Price (AR$) | Total Amount (AR$) |
|---|---|---|---|
| July 19, 2021 | 49,000 | 254.60 | 12,475,474.95 |
| July 20, 2021 | 48,000 | 263.28 | 12,637,827.55 |
| July 21, 2021 | 48,000 | 270.37 | 12,977,659.50 |
| July 22, 2021 | 48,000 | 274.96 | 13,214,309.34 |
| July 23, 2021 | No transactions reported | N/A | N/A |
Total Shares Repurchased: 193,000
Total Expenditure: AR$ 51,305,271.34
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The filing does not provide comparative data against a prior period to assess material changes in financial performance. The primary change reported is the reduction of outstanding shares through the repurchase program.
Guidance, Outlook, and Risks
Compliance: The acquisitions complied with the daily limit for operations in the Argentine market, restricted to up to 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.
Outlook: The filing does not contain management commentary, guidance, or discussion of risks and contingencies beyond the execution of the approved repurchase plan.
Investor Verification Checklist
- Verify the total number of shares repurchased (193,000) against the Company's total authorized buyback limit.
- Confirm the average price paid per share relative to the market price on the transaction dates.
- Review the Company's most recent Form 20-F for updated liquidity and debt positions, as this filing does not contain those figures.
- Check subsequent filings to determine if the repurchase program was extended or concluded after July 23, 2021.