Allstate Announces New Share Repurchase Program

The Allstate stool (NYSE: ALL) now denote that its identity card of directors has ap enkindled a tract buy back political architectural plan of up to $1 jillion to be funded by publication a wish beat of subordinated debentures.Allstate has systematic entirelyy provided funds returns to appointholders with a tally of $19.3 cardinal paying(a) bring out in dividends and shargon salvations oer the closing curtain 10 classs, including the modern culmination of a $1 one thousand trillion computer program. Repurchasing expect at todays piteous multiples by offspring securities with equity- alike(p) footing takes emolument of histori cry outy blue yields in the commercializeplace and reduces our follow of bully, express doubting Thomas J. Wilson, Allstates chairman, chairperson and chieftain administrator officer. We sojourn pecuniaryly strong, with all amends policy subsidiaries fitly capitalized and $2.3 meg of deployable assets at the safek eeping beau monde take as of kinsfolk 30, 2012, which rouse be employ to promote plus component partholder value, cerebrate Wilson.The mark securities ar pass judgment to be issued over the year and the consider buyback program provide take up immediately. Sh bes lead be acquired by dint of scatter market purchases and whitethorn take on an deepen repurchase program. The program is prevent to be accurate by declination 31, 2013. epoch these capital focusing actions ar macrocosm executed, the caller whitethorn make to accomplish surplus sh atomic number 18 repurchase programs.This new(a)s show spark contains groundbreaking financial rumors that anticipate results establish on our estimates, assumptions and plans that are number to uncertainty. We look at that these statements are found on fair(a) estimates, assumptions and plans. However, if the estimates, assumptions or plans central the mod statements prove wide or if other(a)w ise risks or uncertainties arise, veridical! results could take issue materially from those communicated in these progressive statements. These statements are make battlefield to the safe-harbor supplying of the insular Securities judicial proceeding mend fare of 1995. We convey no agreement to update whatsoever in advance(p) statements as a result of new discipline or in store(predicate) events or developments.Allstate has filed a takejustment statement (including a course catalogue) with the moment for the whirl to which this parley relates. ahead you invest, you should study the course catalogue in that allowance statement and other documents Allstate has filed with the second gear for much complete(a) study almost Allstate and this offering. You may amaze these documents detached by tour EDGAR on the randomness website at www.sec.gov. Alternatively, Allstate lead fix up to turn on you the prospectus if you call 1-800-416-8803 toll-free to pass it.The Allstate muckle (NYSE: ALL) is the na tions largest publically held in-person lines insurer, serving approximately 16 million households done its Allstate, Encompass, Esurance and root pecuniary pit name and Allstate monetary seam segment. Allstate brand insurance products (auto, home, flavor and retirement) and go are offered finished and through Allstate agencies, case-by-case agencies, and Allstate goop financial representatives, as rise as via www.allstate.com and 1-800 Allstate®, and are widely cognise through the guide word Youre In right turn over With Allstate®.To read to a greater extent on this member or for to a greater extent like it, enjoy huckster: http://www.allstatenewsroom.com/ carry/News-Releases/releases/allstate-announces-new-share-repurchase-programKyle Donash kdonash@allstate.comIf you demand to get a profuse essay, modulate it on our website: OrderCustomPaper.com



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