Civeo corporation announces renewal of share repurchase authorization

Houston & calgary, alberta--(business wire)--civeo corporation (nyse:cveo) announced today that its board of directors has renewed its share repurchase authorization for the company to repurchase up to 5% of its total common shares outstanding 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. in the last twelve months, the company repurchased approximately 715,000 common s
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