Trinet group, inc. commences a modified dutch auction tender offer to repurchase up to $300 million of its common stock

Dublin, calif., feb. 17, 2022 /prnewswire/ -- trinet group, inc. (nyse: tnet) ("trinet" or the "company") announced today that it has commenced a modified "dutch auction" tender offer (the "tender offer") to purchase for cash up to $300 million in value of its common stock (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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