Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period from May 10, 2021, to May 14, 2021. The report discloses 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$) | Total Amount (AR$) |
|---|---|---|---|
| May 11, 2021 | 47,000 | 186.35 | 8,758,547.75 |
| May 12, 2021 | 47,000 | 187.57 | 8,815,604.70 |
| May 13, 2021 | 47,000 | 189.93 | 8,926,628.35 |
| May 14, 2021 | 47,400 | 198.70 | 9,418,538.30 |
| Total | 188,400 | N/A | 35,919,319.10 |
Material Changes
The filing does not report material changes to the company's financial position or operations compared to prior periods. The primary activity reported is the reduction of outstanding shares through the repurchase program.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or discussion of risks and contingencies. It strictly 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.
Investor Verification Checklist
- Verify the total number of shares repurchased (188,400) against the company's total authorized buyback limit.
- Confirm the total cash outflow of approximately AR$ 35.9 million for this specific period.
- Review the trend in average share price, which increased from AR$ 186.35 to AR$ 198.70 during the four-day window.
- Ensure compliance with the 25% daily volume limit relative to the 90-day average trading volume.