Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima (Loma Negra) covers the period from April 5, 2021, to April 9, 2021. The report discloses a relevant event regarding the execution of a share repurchase plan approved by the Board of Directors, filed in compliance with Argentine National Securities Commission regulations.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the details of the share buyback transactions.
| Date | Shares Purchased | Average Price (ARS) | Total Amount (ARS) |
|---|---|---|---|
| April 5, 2021 | 48,500 | 188.34 | 9,134,284.60 |
| April 6, 2021 | 20,000 | 193.42 | 3,868,399.75 |
| April 7, 2021 | 47,700 | 197.21 | 9,406,930.75 |
| April 8, 2021 | 47,000 | 195.04 | 9,166,690.80 |
| April 9, 2021 | 47,000 | 189.17 | 8,891,207.95 |
| Total | 210,200 | - | 40,467,513.85 |
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 210,200 shares during the specified week.
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.
Investor Verification Checklist
- Verify the total number of shares repurchased (210,200) against the company's total authorized buyback program limits.
- Confirm the average share price paid (ranging from ARS 188.34 to ARS 197.21) relative to the market price during the same period.
- Review the company's most recent Form 20-F or annual report for updated liquidity and debt levels, as this filing does not provide them.
- Check subsequent filings to determine if the share repurchase program has concluded or if further purchases were made.