04:52 AM EDT, 09/12/2024 (MT Newswires) -- Civeo Corporation ( CVEO ) said late Wednesday its board has renewed its share repurchase program for up to 5% of its outstanding common shares over the next 12 months.

The company said it will fund repurchases through cash on hand and cash generated from operations.

Repurchases may be made through open market repurchases and/or privately negotiated transactions.

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