May 22, 2018 / 8:25 PM / in a month

BRIEF-MetLife Announces New $1.5 Bln Share Repurchase Authorization

May 22 (Reuters) - MetLife Inc:

* METLIFE ANNOUNCES NEW $1.5 BILLION SHARE REPURCHASE AUTHORIZATION

* METLIFE INC - INTENDS TO DIVEST ITS SHARES OF BRIGHTHOUSE FINANCIAL, INC. COMMON STOCK AS SOON AS PRACTICABLE

* METLIFE INC - EXPECTS TO COMPLETE DIVESTITURE OF BRIGHTHOUSE FINANCIAL SHARES PRIOR TO END OF 2018

* METLIFE INC - DOES NOT EXPECT STRUCTURE OF ANY TRANSACTION TO AFFECT ITS PLANS TO REPURCHASE SHARES OF METLIFE, INC. COMMON STOCK IN 2018

* METLIFE INC - ON TRACK TO RETURN APPROXIMATELY $5 BILLION OF CAPITAL TO CO’S SHAREHOLDERS IN 2018 Source text for Eikon: Further company coverage:

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