Brief: Civeo Initiates Regular Quarterly Dividend And Announces Renewal Of Share Repurchase Authorization

Civeo

05/09/2023 22:25

Sept 5 (Reuters) - Civeo Corp  CVEO.N :
    * CIVEO CORPORATION INITIATES REGULAR QUARTERLY DIVIDEND OF
$0.25
PER SHARE AND ANNOUNCES RENEWAL OF SHARE REPURCHASE
AUTHORIZATION
    * CIVEO CORP - BOARD RENEWED SHARE REPURCHASE AUTHORIZATION
TO
REPURCHASE UP TO 5% OF TOTAL COMMON SHARES OUTSTANDING THROUGH
OVER NEXT 12 MONTHS
    * CIVEO CORP - INTENDS TO FUND REPURCHASES THROUGH CASH ON
HAND
AND CASH GENERATED FROM OPERATIONS
    * CIVEO CORP - INTENDS TO PAY REGULAR QTRLY DIVIDENDS, WITH
ALL
FUTURE DIVIDEND PAYMENTS SUBJECT TO QTRLY REVIEW AND APPROVAL BY
BOARD

Source text for Eikon:  ID:nBw3q7lQya 
Further company coverage:  CVEO.N 

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