Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period from February 7, 2022, to February 11, 2022. The report details a relevant event concerning 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 only financial data presented relates to the specific share buyback transactions.
| Date | Shares Purchased | Average Price (AR$) | Total Amount (AR$) |
|---|---|---|---|
| February 7, 2022 | 57,450 | 268.21 | 15,408,991.39 |
| February 8, 2022 | 58,000 | 267.21 | 15,498,053.59 |
| February 9, 2022 | 55,600 | 268.74 | 14,941,949.99 |
| February 10, 2022 | 40,500 | 269.57 | 10,917,585.44 |
| February 11, 2022 | 57,500 | 274.29 | 15,771,676.74 |
| Total | 269,050 | N/A | 72,538,257.15 |
Material Changes
The filing does not report material changes to the company's financial position or operations compared to prior periods. It solely reports 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 Section 66 of Law No. 26,831.
Investor Verification Checklist
- Verify the total number of shares repurchased (269,050) against the company's total authorized buyback limit.
- Confirm the average price paid per share relative to the market price during the reporting week.
- Review the total cash outflow of approximately AR$ 72.5 million for the period.
- Ensure the transactions adhered to the 25% daily volume limit mandated by Argentine securities law.