Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period from April 19, 2021, to April 23, 2021. The report discloses a relevant event regarding the execution 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 document focuses exclusively on share repurchase activity.
| Date | Shares Purchased | Average Price (AR$) | Total Amount (AR$) |
|---|---|---|---|
| April 19, 2021 | 46,000 | 183.82 | 8,455,897.35 |
| April 20, 2021 | 45,000 | 179.33 | 8,079,515.25 |
| April 21, 2021 | 47,000 | 182.03 | 8,565,925.74 |
| April 22, 2021 | 47,200 | 180.56 | 8,532,613.68 |
| April 23, 2021 | 47,800 | 183.24 | 8,758,704.20 |
| Total | 233,000 | N/A | 42,392,656.22 |
Material Changes
The filing reports the reduction of outstanding shares through the purchase of 233,000 shares over five trading days. The filing text does not provide a prior comparable period for share repurchase activity to determine material changes in volume or pricing trends.
Guidance, Outlook, and Risks
The filing confirms that all 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 Article 66 of Law No. 26,831. No forward-looking guidance, management commentary on future strategy, or specific risk factors were disclosed in this document.
Key Facts for Investor Verification
- Total of 233,000 shares were repurchased between April 19 and April 23, 2021.
- Total expenditure for the repurchases was approximately AR$ 42.39 million.
- Repurchases were executed in compliance with Argentine market regulations regarding daily volume limits.
- The filing does not contain updated financial statements or operational results.