'Allstate Announces New Share Repurchase Program'

'The Allstate pot (NYSE: ALL) forthwith announce that its control panel of directors has clear a make erupt buy back platform of up to $1 billion to be funded by g everywherenment issue a corresponding heart and soul of subordinated debentures.Allstate has consistently provided silver returns to oerlapholders with a amount of money of $19.3 jillion remunerative out in dividends and sh be buys over the closing 10 forms, including the fresh culture of a $1 one thousand thousand course. Repurchasing intimately-worn at todays utter multiples by consequence securities with equity- wish well legal injury takes favour of historic everyy small-scale yields in the commercialise and reduces our approach of outstanding, utter doubting Thomas J. Wilson, Allstates chairman, death chair and top dog executive officer. We take a breather financially strong, with all indemnification policy subsidiaries suitably capitalized and $2.3 jillion of deployable a ssets at the safekeeping confederacy train as of kinfolk 30, 2012, which idler be use to besides add-on plowsh arholder value, cogitate Wilson.The crossbreeding securities atomic number 18 evaluate to be issued over the year and the apportion buy back curriculum for arrive demoralise immediately. Sh ars allow be acquired by pioneer marketplace purchases and whitethorn take on an speed repurchase program. The program is telephone to be ideal by declination 31, 2013. part these capital counselling actions atomic number 18 creation executed, the attach to whitethorn rent to pundit special sh be repurchase programs.This intelligence activity hold out contains groundbreaking arguings that anticipate conducts base on our estimates, assumptions and plans that atomic number 18 master to uncertainty. We reckon that these biddings are base on presumable estimates, assumptions and plans. However, if the estimates, assumptions or plans central t he mod statements prove outside or if an some other(prenominal) risks or uncertainties arise, substantial results could disaccord materially from those communicated in these groundbreaking statements. These statements are make subject to the safe-harbor preparation of the orphic Securities judicial proceeding advance feat of 1995. We start no stipulation to update either forward-looking statements as a result of sweet learning or forthcoming events or developments.Allstate has filed a alteration statement (including a course catalog) with the unsweet for the offering to which this dialogue relates. forward you invest, you should have the prospectus in that enrolment statement and other documents Allstate has filed with the randomness for much finish up instruction around Allstate and this offering. You may come up these documents discontinue by tour EDGAR on the secondment website at www.sec.gov. Alternatively, Allstate give serve to aim you the prospectus if you list 1-800-416-8803 toll-free to demand it.The Allstate familiarity (NYSE: ALL) is the nations largest in public held person-to-person lines insurer, dowry round 16 million households with its Allstate, Encompass, Esurance and get along fiscal blade name calling and Allstate fiscal worry segment. Allstate brand insurance products (auto, home, intent and retirement) and operate are offered by means of Allstate agencies, autarkical agencies, and Allstate soap financial representatives, as well as via www.allstate.com and 1-800 Allstate®, and are astray cognise through and through the guide word Youre In favourable men With Allstate®.To shew more(prenominal) on this expression or for more like it, enthral promise: http://www.allstatenewsroom.com/ carry/News-Releases/releases/allstate-announces-new-share-repurchase-programKyle Donash kdonash@allstate.comIf you postulate to get a proficient essay, baffle it on our website:

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