Repsol Said to Ask Spain Regulator to Probe Share Trading

Repsol YPF SA asked Spain’s stock market regulator to investigate trading in the petroleum company’s shares over the last two months, according to a person familiar with the situation.

Spain’s biggest oil driller asked for a probe of “abnormal or unusual movements” in its shares in August and September, the person said, citing a letter from Repsol’s audit committee dated Oct. 3. It argues that volumes were higher than usual as were the number of Repsol shares being lent, said the person, who declined to be identified as the letter isn’t public.