In 2013, Repsol hired more than a thousand new employees of whom 49% were women. The company has many programmes for contracting young people and people with disabilities, which reflects the commitment to creating employment, diversity and conciliation.
The Annual General Meeting has backed the agreement with Argentina for the expropriation of 51% of YPF and YPF Gas. An agreement that creates value, strengthens our financial position and allows us to begin a new phase with great opportunities for growth.
A company of the future
Repsol has achieved, for the second year running, a worldwide record in the sector in its reserve replacement ratio which, together with nine discoveries, means a guarantee for success and sustainabilty that positions us as a leading energy company.
Competitive returns to shareholders
In 2013 the total return to the shareholder was up by 26% far above the sector average which was 15%, bearing in mind the dividend paid and the evolution of the share price.
The shareholders today ratified the “Convenio de Solución Amigable y Avenimiento de Expropiación” which recognises the company’s right to receive $5 billion as compensation for the expropriation of the 51% shareholding in YPF and YPF GAS, together with payment guarantees.