Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period from May 17, 2021, to May 21, 2021. The report discloses a relevant event regarding the execution of a share repurchase plan previously 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 document focuses exclusively on share repurchase activity.
| Date | Shares Purchased | Average Price (AR$) | Total Amount (AR$) |
|---|---|---|---|
| May 17, 2021 | 46,900 | 206.65 | 9,691,850.00 |
| May 18, 2021 | 46,900 | 208.83 | 9,794,133.95 |
| May 19, 2021 | 46,300 | 209.31 | 9,691,109.45 |
| May 20, 2021 | 46,000 | 214.77 | 9,879,438.30 |
| May 21, 2021 | 46,000 | 214.99 | 9,889,945.60 |
| Total | 232,100 | - | 48,946,477.30 |
Material Changes
The filing does not report material changes to the company's financial position or operations compared to prior periods. It solely details the reduction of outstanding shares through the repurchase program.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. It confirms that the share 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
- Total of 232,100 shares were repurchased between May 17 and May 21, 2021.
- Total cash outflow for the repurchases was approximately AR$ 48.95 million.
- The average purchase price increased from AR$ 206.65 to AR$ 214.99 over the five-day period.
- The transactions were executed in compliance with Argentine market regulations regarding daily volume limits.
- This filing does not contain updated financial statements or operational results.