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BRIEF-Allstate Corp - Entered Into Accelerated Share Repurchase Agreement To Buy $400 Mln Of Its Outstanding Common Stock

May 7 (Reuters) - Allstate Corp:

* ALLSTATE CORP - ON MAY 7, ENTERED INTO AN ACCELERATED SHARE REPURCHASE AGREEMENT TO PURCHASE $400 MILLION OF ITS OUTSTANDING COMMON STOCK

* ALLSTATE CORP - AGREEMENT IS PART OF REGISTRANT'S REPURCHASE PROGRAM TOTALING $2 BILLION THAT WAS ANNOUNCED ON AUGUST 1, 2017 Source text: (bit.ly/2wi18Zj) Further company coverage:

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