The most amount of shares or maximum share of the Company’s capital stock to be repurchased shall never surpass the limit of 10% of the capital inventory in accordance with Section sixty four of LMC. As of March 31, 2022, 76.7% (or Ps. 761 million) of
The most amount of shares or maximum share of the Company’s capital stock to be repurchased shall never surpass the limit of 10% of the capital inventory in accordance with Section sixty four of LMC. As of March 31, 2022, 76.7% (or Ps. 761 million) of Loma Negra’s whole debt was denominated in U.S. dollars and 23.3% (or Ps. 232 million) was in Argentine pesos. The common length of Loma Negra’s whole debt was 0.7 years. Likewise, the Adjusted EBITDA margin contracted 214 foundation points to 33.6% compared to 35.7% in 1Q21, primarily due to cement margin compression.
