Buyback Radar
Company reports

Trinet Group

TNET

Trinet Group has retired 35.1% of its shares since 2015, from 70,711,536 to 45,904,738.

35.1%retired since 2015
30.2%last 5 years
4.4%last 12 months
46Mshares today

At $70.70 a share, a market value of $3.2B. FCF yield 8.9%, P/E 18.5, trailing twelve months to June 2026.

Shares outstanding, 2014 to todaysplit adjusted, from SEC filings
a quarter gone 202271M shares, 201546M201520202025
2014, 70,672,6002026-07-23, 45,904,738
A share bought in 2014
1.5× more of Trinet Group today, without buying another share. It was one of 70,672,600 shares then. It is one of 45,904,738 now.
Every filing we read12 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20142015-03-1870,672,60010-K
20152016-03-2870,711,53610-K
20162017-02-2368,268,20710-K
20172018-02-2070,055,29010-K
20182019-02-0770,170,15510-K
20192020-02-0668,750,43710-K
20202021-02-0965,990,67310-K
20212022-02-0765,700,17410-K
20222023-02-0859,984,13710-K
20232024-02-0850,567,86610-K
20242025-02-0649,527,55110-K
20252026-02-0547,299,18610-K

Source: all 10-K filings of Trinet Group on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

The story

Every Monday we write about one of these companies.

Read the full story
What the buybacks cost, fiscal 2016 to 2025cash flow statement against share count
$2.6Bspent on buybacks
23Mfewer shares outstanding
$75average price paid per share bought back
5.6%buyback yield, last fiscal year’s spend on today’s market value

Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $70.70.

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Trinet Group buybacks, answered

Is Trinet Group buying back its stock?

Yes. Trinet Group has 4.4% fewer shares outstanding than twelve months ago, 45,904,738 as of July 23, 2026. Over five years the share count is down 30.2%.

How many shares has Trinet Group bought back?

Net of every new share it issued, Trinet Group has 24.8 million fewer shares than at its 2015 peak. That is 35.1% of the company. Since fiscal 2016 alone it bought back about 34.8 million shares, while the count fell by 22.4 million. The difference went to employees and other new shares.

How many shares does Trinet Group have outstanding?

45,904,738 shares, as of July 23, 2026, from the cover page of its latest 10-Q. At the 2015 peak it had 70,711,536.

What do Trinet Group's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Trinet Group stock in 2015 owns 1.5 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does Trinet Group compare with other cannibal stocks?

Trinet Group ranks No. 217 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: 3M (35.3%), Adobe (35.1%), Caterpillar (35.0%), Mattel (34.9%).

Every answer is computed from Trinet Group's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.

Superinvestors who own it

Chuck RoyceRoyce & Associates12,585 shares, $623K, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

Evanko Brian CDirector2026-03-04, 5,000 shares at $37.70 $188K total

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