Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period of November 2021, specifically detailing a relevant event regarding a share repurchase plan approved by the Board of Directors. The report discloses transactions executed between October 25, 2021, and October 29, 2021.
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 the execution of a share buyback program.
| Acquisition Date | Shares Purchased | Average Price (AR$) | Total Amount (AR$) |
|---|---|---|---|
| October 25, 2021 | 53,000 | 279.06 | 14,790,260.99 |
| October 26, 2021 | 53,000 | 284.31 | 15,068,618.34 |
| October 27, 2021 | 53,000 | 279.06 | 14,790,187.54 |
| October 28, 2021 | 53,200 | 282.41 | 15,024,335.69 |
| October 29, 2021 | 53,500 | 281.39 | 15,054,365.54 |
| Total | 265,700 | ~281.25 | 74,727,768.10 |
Material Changes
The filing does not report material changes to the company's financial position or operations compared to prior periods. The primary change disclosed is the reduction of outstanding shares through the repurchase of 265,700 shares during the specified week.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or discussion of risks and contingencies. It confirms that the share acquisitions complied with the daily limit for operations in the Argentine market, which is capped at 25% of the average daily transaction volume over the previous 90 business days, in accordance with Section 66 of Law No. 26,831.
Investor Verification Checklist
- Verify the total number of shares repurchased (265,700) against the company's total authorized share capital to assess the impact on ownership dilution.
- Confirm the total cash outflow of approximately AR$ 74.7 million and its impact on the company's liquidity position.
- Review the full share repurchase plan parameters to determine the remaining authorization amount and duration.
- Check subsequent filings for any further repurchase activity or changes to the buyback program.