Civeo announces agreement to repurchase approximately 375 thousand common shares

Houston & calgary, alberta--(business wire)--civeo corporation (nyse:cveo) (“civeo” or the “company”), a leading provider of hospitality services to the natural resources sector, today announced that it has agreed to repurchase approximately 375 thousand civeo common shares, representing 2.6% of the fully-diluted common shares outstanding, from a shareholder, for approximately $10.7 million. “today's announcement reflects our confidence in civeo's business outlook, and this transaction provides
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