Trinet group, inc. announces preliminary results of its modified dutch auction tender offer

Dublin, calif. , march 18, 2022 /prnewswire/ -- trinet group, inc. (nyse: tnet) ("trinet," the "company," "us" or "our") announced today the preliminary results of its modified "dutch auction" tender offer (the "tender offer") to purchase for cash up to $300 million in value of its issued and outstanding common stock, par value $0.000025 per share (the "common stock"), at a price per share not less than $83.00 and not greater than $97.00, less any applicable withholding taxes and without interest, using available cash on hand.
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