TriNet Group, Inc. (NYSE:TNET) Q2 2023 Earnings Call Transcript

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Kelly Tuminelli: Yeah. No. Great question. And I guess the way I would look at what we did in second quarter is we were very, very thoughtful about the best way we needed to reshape our capital structure. We brought the Board of Directors along and evaluated the advantages and trade-offs associated with the options. And I think the announcement of our intention to buy back an additional $1 billion and get $1 billion done by 2023, obviously, subject to market conditions is, it actually achieves the scale and is in line with what we — what the financial policy I laid out.

Kyle Peterson: Great. Make sense. Thanks, guys. Nice quarter.

Burton M. Goldfield: Thanks.

Operator: This concludes our question-and-answer session and the conference has also now concluded. Thank you for attending today’s presentation. You may now disconnect.

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