Business Context and Reporting Period
This Form 6-K filing by Loma Negra Compania Industrial Argentina Sociedad Anonima covers the period from July 6, 2021, to July 8, 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 performance 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$) | Total Amount (AR$) |
|---|---|---|---|
| July 6, 2021 | 49,500 | 237.28 | 11,745,515.35 |
| July 7, 2021 | 36,044 | 239.03 | 8,615,624.90 |
| July 8, 2021 | 50,000 | 237.66 | 11,882,829.15 |
| Total | 135,544 | N/A | 32,243,969.40 |
Material Changes
The filing details the reduction of outstanding shares through open market purchases. The transactions complied with the daily limit of 25% of the average daily transaction volume over the previous 90 business days, as required by Argentine Law No. 26,831.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on operational outlook, or discussion of risks and contingencies. It is a statutory disclosure of a completed corporate action.
Investor Verification Checklist
- Verify the total number of shares repurchased (135,544) against the company's total authorized share count to assess dilution impact.
- Confirm the remaining balance of the share repurchase plan authorized by the Board of Directors.
- Review the average daily transaction volume for the preceding 90 days to validate compliance with the 25% daily limit.
- Check subsequent filings for the impact of these repurchases on earnings per share (EPS).