42 Pages Posted: 20 Jul 2006
Date Written: July 14, 2006
We compute the Shareholder Value Creation of Repsol. The market cap of Repsol increased between December 1991 and December 2005 in 25,611 million euros. The shareholder value creation during this period was 6,736 million euros. The average shareholder return of Repsol in this 14 years was 14.5%, higher than that of the IBEX 35 (14.0%). We also compare the shareholder return of Repsol with that of other utilities.
Note: Downloadable document is in Spanish.
Keywords: Repsol, Shareholder Value Creation, Shareholder Value Added, creación de valor para los accionistas, aumento del valor para los accionistas, rentabilidad para los accionistas
JEL Classification: G12, G31, M21
Suggested Citation: Suggested Citation