TriNet Group Adds $50M to Stock Repurchase Program

Human resources provider TriNet Group Inc. has approved a $50 million incremental increase to its stock repurchase program, the company announced Thursday. TriNet has repurchased about $124.5 million of its outstanding common stock since May 2014. The company intends its stock repurchases to "offset the dilutive effect of share-based employee incentive compensation," TriNet said in a statement. TriNet now has $70.5 million in its stock repurchase fund. ...