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Paychex Inc (PAYX.OQ)

PAYX.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Paychex Inc files for potential stock shelf offering ‍​
Wednesday, 18 Oct 2017 

Oct 17 (Reuters) - Paychex Inc ::Paychex Inc files for potential stock shelf offering; size not disclosed ‍​.  Full Article

Paychex Inc reports Q1 earnings of $0.60/shr
Wednesday, 28 Sep 2016 

Paychex Inc : Paychex, Inc. reports first quarter results . Q1 earnings per share $0.60 . Q1 revenue $785.5 million versus I/B/E/S view $782.8 million . Fiscal 2017 guidance for HRS Revenue and Total Service Revenue remains unchanged . Q1 earnings per share view $0.57 -- Thomson Reuters I/B/E/S . Qtrly Human Resource Services revenue increased 15% to $322.6 million . Q1 Total Service Revenue increased 9% to $773.5 million . Q1 Payroll Service Revenue increased 4% to $450.9 million. . Paychex Inc sees fiscal 2017 HRS revenue is anticipated to increase in range of 12% to 14% . 2017 Payroll Service Revenue is anticipated to increase in range of 3% to 4% .Says net income is now expected to increase approximately 7% for FY 2017.  Full Article

Paychex increases quarterly dividend to $0.46 per share and authorizes $350 mln stock repurchase
Thursday, 7 Jul 2016 

Paychex Inc : Paychex increases quarterly dividend and authorizes $350 million stock repurchase . Dividend will go from $0.42 per share to $0.46 per share . Paychex increases quarterly dividend and authorizes $350 million stock repurchase . Directors approved a $0.04 increase in company's regular quarterly dividend, an increase of 10 percent .End date for authorization is may 31, 2019.  Full Article

Paychex Inc reports Q4 earnings per share $0.49
Thursday, 30 Jun 2016 

Paychex Inc : Paychex Inc reports fourth quarter and fiscal 2016 results . Q4 earnings per share $0.49 . Q4 revenue $753.9 million versus I/B/E/S view $751.5 million . Q4 earnings per share view $0.49 -- Thomson Reuters I/B/E/S . Total service revenue also increased 9 pct to $741.6 million for Q4 . Expects FY 2017 total service revenue to grow 7–8 percent . Payroll service revenue increased 5 pct for Q4 . FY 2017 net income is expected to increase approximately 8 pct . Human Resource Services revenue increased 14 pct for Q4 . Expects FY 2017 net income to grow by about 8 percent .For FY 2017 payroll service revenue anticipated to increase approximately 4 pct, HRS revenue anticipated to increase in range of 12 pct to 14 pct.  Full Article

Insperity, Starboard reach agreement on board composition
Thursday, 19 May 2016 

Insperity Inc : Insperity agrees to add two new directors to board . Starboard agrees to support company's nominees at annual meeting . Under terms of agreement, board agreed to appoint John Morphy, who was previously nominated by starboard, as a class III director . In addition, board will promptly commence a search for an additional independent director . Agreement calls for certain changes to composition of standing committees of board . Starboard agreed to vote all its shares in favor of Morphy & Co's incumbent class iii directors, Richard Rawson, president, & Michael Brown . Starboard also agreed to customary standstill provisions under agreement .Insperity and Starboard reach agreement on board composition.  Full Article

Paychex Inc declares quarterly dividend
Friday, 29 Apr 2016 

Paychex Inc:Declared a regular quarterly dividend of $.42 per share payable May 23, 2016 to shareholders of record May 9, 2016.  Full Article

Paychex Inc declares quarterly dividend
Friday, 15 Jan 2016 

Paychex Inc:Declared a regular quarterly dividend of $0.42 per share.Payable on February 16 to shareholders of record date as on February 1.  Full Article

Paychex, Inc to acquire Advance Partners
Wednesday, 2 Dec 2015 

Paychex, Inc:To acquire advance partners.Says terms of the acquisition were not disclosed.Says advance partners employees will be offered the opportunity to become Paychex employees.  Full Article

BRIEF-Paychex Inc files for potential stock shelf offering ‍​

* Paychex Inc files for potential stock shelf offering; size not disclosed ‍​ Source text: (http://bit.ly/2yoHbjd) Further company coverage: