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TriNet Group Inc (TNET.N)

TNET.N on New York Stock Exchange

26.36USD
17 Feb 2017
Change (% chg)

$0.22 (+0.84%)
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$26.14
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$25.85
Volume
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$26.60
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Latest Key Developments (Source: Significant Developments)

Atairos to buy about 26 pct stake in Trinet from General Atlantic
Thursday, 22 Dec 2016 06:30am EST 

Trinet Group Inc : Atairos to acquire ownership stake in Trinet from General Atlantic; Trinet welcomes new strategic investor and board member . Trinet Group Inc says Michael Angelakis, chairman and chief executive officer of Atairos, will join Trinet's board of directors . Michael Angelakis, CEO of Atairos, will join Trinet's board, increasing total number of Trinet directors to ten . Trinet Group Inc- Atairos will buy about $440 million ownership stake in trinet by purchasing about 17.7 million shares of common stock for $25.00 per share .Trinet Group Inc says Atairos group investment represents an approximately 26 percent ownership position in Trinet.  Full Article

Trinet announces $50 million increase to stock repurchase program
Thursday, 10 Nov 2016 09:00am EST 

Trinet Group Inc : Trinet announces $50 million increase to stock repurchase program .Trinet Group Inc says $50 million increase brings total available buyback authorization to $70.5 million.  Full Article

Trinet says Q2 adjusted earnings per share $0.27
Monday, 1 Aug 2016 04:15pm EDT 

Trinet Group Inc : Trinet announces second quarter fiscal 2016 results and senior secured credit facility refinancing . Q2 adjusted earnings per share $0.27 . Q2 revenue rose 17 percent to $745.8 million . Q2 earnings per share view $0.25 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.17 .Q2 revenue view $148.1 million -- Thomson Reuters I/B/E/S.  Full Article

TriNet Group, Inc announces increase to stock repurchase program
Monday, 29 Jun 2015 05:00pm EDT 

TriNet Group, Inc:Announces $50 million increase to stock repurchase program.Says board of directors has approved a $50 million incremental increase to its ongoing stock repurchase program.Says increase now permits Trinet to repurchase up to $95 million of its outstanding common stock in the aggregate.Says purchases will be funded from existing cash balances.  Full Article

More From Around the Web

Atairos to become Trinet Group's largest shareholder

Private company Atairos Group Inc said on Thursday it would buy a stake of about 26 percent in human resources services provider Trinet Group Inc from investment firm General Atlantic LLC, becoming the largest shareholder.