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BRIEF-Hanover Insurance Group Announces Chaucer Sale Closing

Dec 30 (Reuters) - Hanover Insurance Group Inc:

* HANOVER INSURANCE GROUP, INC. ANNOUNCES CHAUCER SALE CLOSING

* BOARD AUTHORIZES $600 MILLION SHARE REPURCHASE PROGRAM, INCLUDING A $250 MILLION ASR, AND $4.75 PER SHARE SPECIAL DIVIDEND

* CO EXPECTS TRANSACTION TO GENERATE ABOUT $840 TO $860 MILLION OF DEPLOYABLE EQUITY AND NET AFTER-TAX GAAP GAIN IN RANGE OF $130 TO $150 MILLION

* WILL RETIRE A $125 MILLION FEDERAL HOME LOAN BANK NOTE DUE 2029 WITH A COUPON OF 5.50%, WITH SETTLEMENT TO OCCUR ON JANUARY 2, 2019

* IN Q4 OF 2018, COMPANY EXPECTS TO RECORD A NON-OPERATING CHARGE OF APPROXIMATELY $20 MILLION AFTER-TAXES, OR $0.47 PER SHARE Source text for Eikon: Further company coverage: