Civeo (CVEO) acknowledges the recent shareholder letter issued by Engine Capital, a shareholder of the Company. Bradley Dodson, CEO, said, “We appreciate the input of our shareholders and will closely review the letter. The Civeo Board and management team regularly review options to create long-term value, including our capital allocation priorities, cost structure and other opportunities. We welcome a continued open dialogue with Engine Capital and other shareholders toward our shared goal of enhancing value for all shareholders.
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Read More on CVEO:
- Civeo holder Engine Capital sends letter to board to close ‘valuation gap’
- Civeo Corp Reports Mixed 2024 Financial Results
- Civeo Corp’s Earnings Call: Growth in Australia, Challenges in Canada
- Civeo reports Q4 EPS ($1.10) vs. $1.55 last year
- Civeo sees 2025 revenue $630.0M-$660.0M, consensus $719.51M.
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