Loma Negra Reports Change of Control at Indirect Parent After Intercement Reorganization

Loma Negra Compania Industrial Argentina Sociedad Anonima ( (LOMA) ) has provided an update.

On April 6, 2026, Loma Negra reported a major change in the ownership structure of its indirect controlling shareholder, Intercement Participações, following the implementation of a court-approved Judicial Reorganization Plan. At an extraordinary shareholders’ meeting that day, Intercement Participações approved a capital increase of about R$2.82 billion, issuing more than 1.28 billion new shares subscribed by certain creditors who chose equity as payment, while former ultimate controller Mover Participações waived preemptive rights and saw all its shares in the company cancelled.

As a result, Intercement Participações’ shareholder base was reshaped, with Latcem LLC, Redwood-related vehicles and Moneda-managed funds emerging as key new shareholders, alongside Cigna Health and Life Insurance Company and others. Loma Negra emphasized that its direct controlling shareholder remains InterCement Trading e Inversiones Argentina, S.L., which still holds 52.14% of its voting shares, and that there are no shareholder agreements among the new Intercement Participações investors regarding governance of Intercement or its subsidiaries, limiting immediate implications for Loma Negra’s corporate control despite the upstream ownership shift.

The most recent analyst rating on (LOMA) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Loma Negra Compania Industrial Argentina Sociedad Anonima stock, see the LOMA Stock Forecast page.

Spark’s Take on LOMA Stock

According to Spark, TipRanks’ AI Analyst, LOMA is a Neutral.

The score is held back primarily by unstable profitability and the swing to negative free cash flow in 2025, despite a strong revenue rebound and a solid equity base. Limited technical data prevents confirming market momentum, and valuation is difficult to support with a negative P/E and no dividend yield.

To see Spark’s full report on LOMA stock, click here.

More about Loma Negra Compania Industrial Argentina Sociedad Anonima

Loma Negra Compañía Industrial Argentina Sociedad Anónima, also known as Loma Negra Corporation, is an Argentine cement and building materials producer. The company operates in Argentina’s construction and infrastructure sectors, with its controlling shareholder structure organized through InterCement entities based in Argentina and abroad.

Average Trading Volume: 371,441

Technical Sentiment Signal: Buy

Current Market Cap: $1.4B

For detailed information about LOMA stock, go to TipRanks’ Stock Analysis page.