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TriNet ‘pleased’ with execution in Q2 and prospects for FY23 and beyond

Says sales benefitting from maturing sales force. Continues to see strong customer retention. Says “well-positioned” for balance of FY23. Intends to return at least 75% of free cash flow to shareholders or towards M&A. “Exploring” recurring dividend in 2024. Comments taken from Q2 earnings conference call.

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