Civeo Welcomes 'Open Dialogue' After Activist Calls for Change-Up, CEO Says
"The Civeo Board and management team regularly review options to create long-term value, including our capital allocation priorities, cost structure and other opportunities," Chief Executive Bradley ...
Civeo gains as activist Engine Capital pushes for changes (update)
Activist investor Engine Capital pushes Civeo (CVEO) to halt dividends, buy back shares, and explore a sale, citing a 116% ...
Civeo Acknowledges Receipt of Letter by Shareholder
Civeo Corporation (NYSE:CVEO) acknowledges the recent shareholder letter issued by Engine Capital LP, a shareholder of the ...
Civeo Investor Calls for Dividend Halt, Stock Buyback
An investor in Civeo is calling on the company to eliminate its dividend and launch a stock buyback in an effort to boost its share price. Engine Capital said Tuesday Houston-based Civeo, of which it ...
Engine Capital Calls on Civeo’s Board of Directors to Take Immediate Action to Close the Company’s Valuation Gap
Engine Capital LP (together with its affiliates, "Engine" or "we"), which owns approximately 9.8% of Civeo Corporation’s (NYSE: CVEO) ("Civeo" or the "Company") outstanding shares, today sent a letter ...
Stellantis Invests $41 Million in Italy to Make EV Engine Parts
MILAN (Reuters) - Automaker Stellantis is investing 38 million euros ($41 million) in its Verrone plant in Northern Italy to ...