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Insperity,
Inc.
NSP, a leading provider of human
resources and business performance solutions for America's best
businesses, today announced that it is commencing a modified “Dutch
auction” tender offer to repurchase shares of its common stock up to an
aggregate purchase price of $50 million. Additionally, Insperity
announced today that its board of directors has declared a special cash
dividend of $1.00 per share of common stock. The tender offer and
special dividend are expected to return to stockholders approximately
$76 million in 2012.
“With a strong cash position, no debt and substantial cash flow expected
from future growth, we believe the combination of a tender offer to
invest
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