Repsol Takes 2.9 Bln Euro Hit on Weak Oil Price

Caixabank, which has two people on Repsol's board, earned 308 million euros in dividends from its 11.1 percent stake in 2014, about half the lender's profits.

Sacyr, which also has two people on the board, earns 120 million euros from its 8.7 percent stake, of which half is used to pay off interest and the other half to repay the loan used to buy the stake, a source familiar with the situation told Reuters. ($1 = 0.9199 euros) (Editing by Julien Toyer, Susan Thomas and Adrian Croft)


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