Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) announces a share repurchase program. Under the program, the company will repurchase up to 10% of its issued share capital, for a total purchase price of up to ARS 1,00 million. The shares will be repurchased at a maximum price of up to ARS 495 per share in Bolsas y Mercados S.A.and and up to $8 per American Depositary Receipt in the New York Stock Exchange.

The purpose of the program is to deliver a greater return of value for its shareholders. The program will be funded from the realized and liquid earnings of the company. The program will be valid until December 31, 2022.