Civeo corporation announces share repurchase authorization

Houston & calgary, alberta--(business wire)--civeo corporation (nyse:cveo) announced today that its board of directors has authorized the company to repurchase up to 5% of its total common shares outstanding, or approximately 715,000 common shares, through the facilities of the new york stock exchange over the next twelve months. civeo intends to fund repurchases through cash on hand and cash generated from operations. “today's announcement reflects our confidence in civeo's business and the fu
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