Civeo Announces Agreement to Repurchase Approximately 375 thousand Common Shares

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Aug 15, 2022

Civeo Corporation (NYSE:CVEO, Financial) (“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.