HOUSTON–(BUSINESS WIRE)–Civeo Company (NYSE: CVEO) at present introduced that on December 2, 2020, Civeo was notified by the New York Stock Change (NYSE) that the Firm has regained compliance with the NYSE‘s continued itemizing requirements.
On March 27, 2020, Civeo obtained notification from the NYSE that the Firm had fallen beneath the continued itemizing commonplace to take care of a minimal common closing price of $1.00 per share over 30 consecutive buying and selling days.
Civeo regained compliance after its common closing price for the 30 buying and selling days ended November 30, 2020 and its closing price on November 30, 2020 each exceeded $1.00 per share. The beneath compliance (“.BC”) indicator has been faraway from the Firm’s frequent shares, and the Firm was faraway from the NYSE listing of non-compliant issuers.
Civeo Company is a number one supplier of hospitality providers with outstanding market positions within the Canadian oil sands and the Australian pure useful resource areas. Civeo affords complete options for lodging tons of or hundreds of employees with its long-term and non permanent lodging and gives meals providers, housekeeping, facility administration, laundry, water and wastewater remedy, energy era, communications techniques, safety and logistics providers. Civeo at present operates a complete of 28 lodges and villages in Canada, Australia and the U.S., with an mixture of roughly 30,000 rooms. Civeo is publicly traded below the image CVEO on the New York Stock Change. For extra data, please go to Civeo’s web site at www.civeo.com.