Articles from Public Storage
Public Storage to Release Fourth Quarter 2024 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its fourth quarter 2024 earnings results after the market close on Monday, February 24, 2025. A conference call is scheduled for Tuesday, February 25, 2025, at 9:00 a.m. (PT) to discuss these results.
By Public Storage · Via Business Wire · January 31, 2025
Public Storage Announces Tax Treatment of 2024 Dividends
Public Storage (NYSEPSA) announced today the tax treatment of the Company’s 2024 dividends. For the tax year ended December 31, 2024, distributions for the PSA common stock and all the various series of preferred stock were classified as follows:
By Public Storage · Via Business Wire · January 23, 2025
Public Storage Reports Results for the Three and Nine Months Ended September 30, 2024
Public Storage (NYSEPSA) announced today operating results for the three and nine months ended September 30, 2024.
By Public Storage · Via Business Wire · October 30, 2024
Public Storage Announces Hiring of Chris Sambar as Chief Operating Officer
Public Storage (NYSE:PSA; the “Company”) announced today that Chris Sambar has joined the Company as Chief Operating Officer.
By Public Storage · Via Business Wire · October 18, 2024
Public Storage to Release Third Quarter 2024 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its third quarter 2024 earnings results after the market close on Wednesday, October 30, 2024. A conference call is scheduled for Thursday, October 31, 2024, at 9:00 a.m. (PT) to discuss these results.
By Public Storage · Via Business Wire · October 9, 2024
Public Storage Declares Third Quarter 2024 Dividends
Public Storage (NYSEPSA) announced today that on August 1, 2024, our Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. The Board also declared dividends with respect to our various series of preferred shares. All the dividends are payable on September 30, 2024, to shareholders of record as of September 13, 2024.
By Public Storage · Via Business Wire · August 1, 2024
Public Storage Reports Results for the Three and Six Months Ended June 30, 2024
Public Storage (NYSEPSA) announced today operating results for the three and six months ended June 30, 2024.
By Public Storage · Via Business Wire · July 30, 2024
Public Storage Appoints New Independent Trustee
Public Storage (NYSEPSA) (the “Company”) announced today the appointment of Maria R. Hawthorne to its Board of Trustees, effective immediately, with an initial term expiring at the 2025 annual meeting of shareholders. Ms. Hawthorne will serve as a member of the Audit Committee.
By Public Storage · Via Business Wire · July 25, 2024
Public Storage to Release Second Quarter 2024 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its second quarter 2024 earnings results after the market close on Tuesday, July 30, 2024. A conference call is scheduled for Wednesday, July 31, 2024, at 9:00 a.m. (PT) to discuss these results.
By Public Storage · Via Business Wire · July 16, 2024
Public Storage Releases 2024 Sustainability Report
Public Storage (NYSEPSA) announced today the release of its 2024 Sustainability Report. The report highlights the Company's dedication to sustainability, detailing the integral role of its engaged and diverse team, innovative and sustainable operations, and financial fortitude in fostering long-term resilience, growth, and value creation.
By Public Storage · Via Business Wire · June 28, 2024
Public Storage Declares Second Quarter 2024 Dividends
Public Storage (NYSEPSA) announced today that on May 8, 2024, our Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. The Board also declared dividends with respect to our various series of preferred shares. All the dividends are payable on June 27, 2024, to shareholders of record as of June 12, 2024.
By Public Storage · Via Business Wire · May 8, 2024
Public Storage Reports Results for the Three Months Ended March 31, 2024
Public Storage (NYSEPSA) announced today operating results for the three months ended March 31, 2024.
By Public Storage · Via Business Wire · April 30, 2024
Public Storage Prices Public Offering of Senior Notes
Public Storage (NYSE:PSA, the “Company”) announced today that the Company’s subsidiary, Public Storage Operating Company (“PSOC”), has priced a public offering of $1.0 billion aggregate principal amount of senior notes (the “Notes”). The Notes will be guaranteed by the Company.
By Public Storage · Via Business Wire · April 9, 2024
Public Storage to Release First Quarter 2024 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its first quarter 2024 earnings results after the market close on Tuesday, April 30, 2024. A conference call is scheduled for Wednesday, May 1, 2024, at 9:00 a.m. (PT) to discuss these results.
By Public Storage · Via Business Wire · April 4, 2024
Public Storage Declares First Quarter 2024 Dividends
Public Storage (NYSEPSA) announced today that on February 23, 2024, our Board of Trustees declared a regular quarterly common dividend of $3.00 per common share. The Board also declared dividends with respect to our various series of preferred shares. All the dividends are payable on March 28, 2024, to shareholders of record as of March 13, 2024.
By Public Storage · Via Business Wire · February 23, 2024
Public Storage Reports Results for the Fourth Quarter and Year Ended December 31, 2023
Public Storage (NYSEPSA) announced today operating results for the fourth quarter and year ended December 31, 2023.
By Public Storage · Via Business Wire · February 20, 2024
Public Storage to Release Fourth Quarter 2023 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its fourth quarter 2023 earnings results after the market close on Tuesday, February 20, 2024. A conference call is scheduled for Wednesday, February 21, 2024, at 9:00 a.m. (PT) to discuss these results.
By Public Storage · Via Business Wire · January 31, 2024
Public Storage Announces Tax Treatment of 2023 Dividends
Public Storage (NYSEPSA) announced today the tax treatment of the Company’s 2023 dividends. For the tax year ended December 31, 2023, distributions for the PSA common stock and all the various series of preferred stock were classified as follows:
By Public Storage · Via Business Wire · January 17, 2024
Public Storage Declares Fourth Quarter 2023 Dividends
Public Storage (NYSEPSA) announced today that on November 8, 2023, our Board of Trustees declared a regular common quarterly dividend of $3.00 per common share. The Board also declared dividends with respect to our various series of preferred shares. All the dividends are payable on December 28, 2023, to shareholders of record as of December 13, 2023.
By Public Storage · Via Business Wire · November 8, 2023
Public Storage Reports Results for the Three and Nine Months Ended September 30, 2023
Public Storage (NYSEPSA) announced today operating results for the three and nine months ended September 30, 2023.
By Public Storage · Via Business Wire · October 30, 2023
Public Storage Recognized as the U.S. Self-Storage Sustainability Leader on the GRESB Benchmark
Public Storage (NYSEPSA), the world’s leading owner of self-storage facilities, announced today that the Company is the U.S. self-storage sustainability leader on the 2023 GRESB Real Estate Benchmark, one of the world’s leading ESG benchmarks and reporting frameworks. Public Storage ranks highest amongst its U.S. peer group for sustainability, was named a best-performing Regional Sector Leader, and was awarded an “A” rating for public disclosure in 2023.
By Public Storage · Via Business Wire · October 17, 2023
Public Storage to Release Third Quarter 2023 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its third quarter 2023 earnings results after the market close on Monday, October 30, 2023. A conference call is scheduled for Tuesday, October 31, 2023, at 9:00 a.m. (PT) to discuss these results.
By Public Storage · Via Business Wire · October 5, 2023
Public Storage Announces Closing of Simply Self Storage Acquisition
Public Storage (NYSEPSA) (the “Company”) announced today that it has completed the previously announced acquisition of Simply Self Storage (“Simply”) from Blackstone Real Estate Income Trust, Inc. (“BREIT”) for $2.2 billion.
By Public Storage · Via Business Wire · September 13, 2023
Public Storage Launches Savvy Insurance to Serve the Self-Storage Industry
Public Storage (NYSEPSA) announced today the launch of the Savvy Storage Insurance Program® (“Savvy”), a one-of-a-kind tenant insurance offering that will enable property owners to increase ancillary revenues while enhancing the customer experience. The program is offered through PSCC, Inc., a wholly-owned subsidiary of Public Storage, which also administers the Orange Door Storage Insurance Program® for Public Storage.
By Public Storage · Via Business Wire · September 5, 2023
Public Storage Reports Results for the Three and Six Months Ended June 30, 2023
Public Storage (NYSEPSA) announced today operating results for the three and six months ended June 30, 2023.
By Public Storage · Via Business Wire · August 2, 2023
Public Storage and Solar Landscape Announce Multistate Community Solar Portfolio
Public Storage (NYSEPSA), the nation’s leading self-storage owner, and Solar Landscape, the leading commercial and industrial rooftop solar developer, announced today that they have commenced construction on the first of more than 130 rooftop community solar projects that comprise a multistate community solar partnership.
By Public Storage · Via Business Wire · August 1, 2023
Public Storage Prices Public Offering of Senior Notes to Fund Simply Self Storage Transaction
Public Storage (NYSE:PSA, the “Company”) announced today that the Company has priced a public offering of $2.2 billion aggregate principal amount of senior notes (the “Notes”) primarily to fund the recently announced Simply Self Storage acquisition. The multi-tranche offering includes the Company’s inaugural 30-year senior note offering.
By Public Storage · Via Business Wire · July 25, 2023
Public Storage Accelerates Growth with Simply Self Storage Acquisition
Public Storage (NYSEPSA) (the “Company”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today an agreement for Public Storage to acquire Simply Self Storage (“Simply”) from BREIT for $2.2 billion.
By Public Storage · Via Business Wire · July 24, 2023
Public Storage to Release Second Quarter 2023 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its second quarter 2023 earnings results after the market close on Wednesday, August 2, 2023. A conference call is scheduled for Thursday, August 3, 2023, at 9:00 a.m. (PT) to discuss these results.
By Public Storage · Via Business Wire · July 12, 2023
Public Storage Releases 2023 Sustainability Report
Public Storage (NYSEPSA) announced today the release of its 2023 Sustainability Report. The report highlights the Company's dedication to sustainability, detailing the integral role of its engaged and diverse team, innovative and sustainable operations, and financial fortitude in fostering long-term resilience, growth, and value creation.
By Public Storage · Via Business Wire · June 29, 2023
Public Storage Reports Results for the Three Months Ended March 31, 2023
Public Storage (NYSEPSA) announced today operating results for the three months ended March 31, 2023.
By Public Storage · Via Business Wire · May 3, 2023
Public Storage to Release First Quarter 2023 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its first quarter 2023 earnings results after the market close on Wednesday, May 3, 2023. A conference call is scheduled for Thursday, May 4, 2023, at 9:00 a.m. (PT) to discuss these results.
By Public Storage · Via Business Wire · April 11, 2023
Public Storage Reports Results for the Fourth Quarter and Year Ended December 31, 2022
Public Storage (NYSEPSA) announced today operating results for the fourth quarter and year ended December 31, 2022.
By Public Storage · Via Business Wire · February 21, 2023
Public Storage Proposes to Acquire Life Storage in All-Stock Transaction
Public Storage (NYSEPSA), the nation’s leading owner, acquirer, developer, and operator of self-storage properties, today sent a letter to Mark G. Barberio, Life Storage’s Chairman, and Joseph V. Saffire, Life Storage’s CEO, copied in full below, with respect to its proposal to acquire all of the outstanding shares and units of Life Storage, Inc. NYSE: LSINYSELSI)
By Public Storage · Via Business Wire · February 5, 2023
Public Storage Increases Quarterly Common Dividend by 50%
Public Storage (NYSEPSA) announced today that its Board of Trustees declared a 50% increase in the Company’s regular common quarterly dividend from $2.00 to $3.00 per share. The distribution equates to an annualized increase to the Company’s regular common dividend from $8.00 to $12.00 per share. The Board also declared dividends with respect to the Company’s various series of preferred shares. All the dividends are payable on March 30, 2023 to shareholders of record as of March 15, 2023.
By Public Storage · Via Business Wire · February 5, 2023
Public Storage to Release Fourth Quarter 2022 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its fourth quarter 2022 earnings results after the market close on Tuesday, February 21, 2023. A conference call is scheduled for Wednesday, February 22, 2023, at 9:00 a.m. (PST) to discuss these results.
By Public Storage · Via Business Wire · January 30, 2023
Public Storage Announces Tax Treatment of 2022 Dividends
Public Storage (NYSEPSA) announced today the tax treatment of the Company’s 2022 dividends. For the tax year ended December 31, 2022, distributions for the PSA common stock and all the various series of preferred stock were classified as follows:
By Public Storage · Via Business Wire · January 25, 2023
Tom Boyle, Public Storage Chief Financial Officer, to Also Serve as Chief Investment Officer
Public Storage (NYSEPSA), the nation’s leading owner, acquirer, developer, and operator of self-storage properties, announced today that Tom Boyle, the Company’s Chief Financial Officer, has been appointed to also serve as its Chief Investment Officer, effective January 1, 2023. In addition to his role as Chief Financial Officer, Mr. Boyle’s responsibilities as Chief Investment Officer will include development, redevelopment, acquisitions, asset management, and third-party management.
By Public Storage · Via Business Wire · January 3, 2023
Public Storage Opens State-of-the-Art Self-Storage Facility in Silicon Valley’s Cupertino Market
Public Storage (NYSEPSA), the nation’s leading owner, acquirer, developer, and operator of self-storage properties, announced today the reopening of a facility adjacent to Apple, Inc. offices in Cupertino, California.
By Public Storage · Via Business Wire · December 12, 2022
Public Storage Recognized as the U.S. Self-Storage Sustainability Leader on the GRESB Benchmark
Public Storage (NYSEPSA), the world’s largest owner and operator of self-storage facilities, announced today that the Company is the U.S. self-storage sustainability leader on the 2022 GRESB Real Estate Benchmark, one of the world’s leading ESG benchmarks and reporting frameworks. Increasing its score by 18% to 80 out of 100 possible points, Public Storage ranks highest amongst its U.S. peer group for sustainability and was awarded an “A” rating for public disclosure in 2022.
By Public Storage · Via Business Wire · November 29, 2022
Public Storage Reports Results for the Three and Nine Months Ended September 30, 2022
Public Storage (NYSEPSA) announced today operating results for the three and nine months ended September 30, 2022.
By Public Storage · Via Business Wire · November 1, 2022
Public Storage to Release Third Quarter 2022 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its third quarter 2022 earnings results after the market close on Tuesday, November 1, 2022. A conference call is scheduled for Wednesday, November 2, 2022, at 9:00 a.m. (PDT) to discuss these results.
By Public Storage · Via Business Wire · October 4, 2022
Public Storage to Celebrate its 50th Anniversary by Ringing the NYSE Opening Bell
Public Storage (NYSEPSA) announced today that Chief Executive Officer Joe Russell, together with leaders from across the company, will celebrate its 50th Anniversary by ringing the New York Stock Exchange Opening Bell at 9:30 a.m. (EDT) on Friday, September 30, 2022.
By Public Storage · Via Business Wire · September 28, 2022
Public Storage to Participate in Bank of America’s 2022 Global Real Estate Conference
Public Storage (NYSEPSA) announced today that the Company will participate in a roundtable discussion at Bank of America’s 2022 Global Real Estate Conference to be held at the Conrad Downtown Hotel in New York, New York, on Tuesday, September 13, 2022, beginning at 4:25 p.m. (EDT). The presentation webcast will be available at PublicStorage.com at “About Us, Investor Relations, News and Events, Event Calendar” on the day of the conference.
By Public Storage · Via Business Wire · September 8, 2022
Public Storage Reports Results for the Three and Six Months Ended June 30, 2022
Public Storage (NYSEPSA) announced today operating results for the three and six months ended June 30, 2022.
By Public Storage · Via Business Wire · August 4, 2022
Public Storage Announces Redemption of 2.370% Senior Notes due 2022
Public Storage (NYSE:PSA, the “Company”) announced today that it is calling for redemption on August 15, 2022 its 2.370% Senior Notes due September 15, 2022 (the “Notes”). The Notes will be redeemed for cash at a price equal to 100% of the principal amount of the Notes plus accrued and unpaid interest up to, but excluding, the redemption date. The aggregate outstanding principal amount of the Notes is $500,000,000. A notice of redemption will be sent to holders of record of the Notes on July 27, 2022. Holders that hold their Notes through The Depository Trust Company (“DTC”) will be redeemed in accordance with the applicable procedures of DTC.
By Public Storage · Via Business Wire · July 26, 2022
Public Storage Announces $2.3 Billion Special Dividend Related to PS Business Parks Merger Consideration
Public Storage (NYSE:PSA, the “Company”) announced today that its Board of Trustees has declared a one-time dividend of $13.15 per common share, payable on August 4, 2022 to shareholders of record on August 1, 2022.
By Public Storage · Via Business Wire · July 22, 2022
Public Storage to Release Second Quarter 2022 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its second quarter 2022 earnings results after the market close on Thursday, August 4, 2022. A conference call is scheduled for Friday, August 5, 2022, at 9:00 a.m. (PDT) to discuss these results.
By Public Storage · Via Business Wire · July 13, 2022
Public Storage Releases 2022 Sustainability Report
Public Storage (NYSEPSA) announced today the release of its 2022 Sustainability Report detailing how the Company’s engaged and diverse team, innovative and sustainable operations, and financial fortitude continue positioning Public Storage for long-term resilience, growth, and value creation.
By Public Storage · Via Business Wire · June 30, 2022
Public Storage Earns Prestigious Great Place to Work Certification™
Public Storage (NYSEPSA) announced today it is recognized and Certified™ by Great Place to Work® for 2022.
By Public Storage · Via Business Wire · June 28, 2022
Public Storage Virtual Presentation at Nareit REITweek 2022 to be Webcast
Public Storage (NYSEPSA) announced today that the Company will make a virtual presentation at REITweek 2022 on Wednesday, June 8, 2022, from 9:30 a.m. to 10:00 a.m. (ET). The presentation will be webcast and available to registered REITweek participants. Registration is complimentary and accessible through Nareit’s website.
By Public Storage · Via Business Wire · June 1, 2022
Public Storage Reports Results for the Three Months Ended March 31, 2022
Public Storage (NYSEPSA) announced today operating results for the three months ended March 31, 2022.
By Public Storage · Via Business Wire · May 3, 2022
Public Storage Provides Update in Relation to Agreed Acquisition of PS Business Parks by Affiliates of Blackstone Real Estate
Public Storage (NYSEPSA) (“Public Storage” or the “Company”) today provided certain updates as to the impact on Public Storage of the agreed acquisition by affiliates of Blackstone Real Estate (“Blackstone”) of PS Business Parks, Inc. NYSE:PSBNYSEPSB)
By Public Storage · Via Business Wire · April 25, 2022
Public Storage to Release First Quarter 2022 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its first quarter 2022 earnings results after the market close on Tuesday, May 3, 2022. A conference call is scheduled for Wednesday, May 4, 2022, at 9:00 a.m. (PDT) to discuss these results.
By Public Storage · Via Business Wire · April 7, 2022
Public Storage Celebrates One Million Contactless Move-Ins
Public Storage (NYSEPSA) announced today that one million customers have rented a storage space through its industry-leading eRental® online rental agreement.
By Public Storage · Via Business Wire · March 30, 2022
Public Storage Reports Results for the Fourth Quarter and Year Ended December 31, 2021
Public Storage (NYSEPSA) announced today operating results for the fourth quarter and year ended December 31, 2021.
By Public Storage · Via Business Wire · February 22, 2022
Public Storage to Release Fourth Quarter 2021 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its fourth quarter 2021 earnings results after the market close on Tuesday, February 22, 2022. A conference call is scheduled for Wednesday, February 23, 2022, at 9:00 a.m. (PST) to discuss these results.
By Public Storage · Via Business Wire · January 31, 2022
Public Storage Announces Tax Treatment of 2021 Dividends
Public Storage (NYSEPSA) announced today the tax treatment of the Company’s 2021 dividends. For the tax year ended December 31, 2021, distributions for the PSA common stock and all the various series of preferred stock were classified as follows:
By Public Storage · Via Business Wire · January 18, 2022
Public Storage Announces Pricing of 4.100% Cumulative Preferred Shares of Beneficial Interest, Series S
Tom Boyle, Chief Financial Officer of Public Storage (NYSE:PSA, the “Company”), announced that the Company has priced a public offering of 10,000,000 depositary shares at $25.00 per depositary share, with each depositary share representing 1/1,000 of a 4.100% Cumulative Preferred Share of Beneficial Interest, Series S (the “Series S Preferred Shares”). The offering is expected to result in $250 million of gross proceeds (assuming no exercise of the underwriters’ overallotment option) and to close on or about January 13, 2022, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds for general corporate purposes, including to fund acquisitions of self-storage facilities and redemptions of our preferred shares.
By Public Storage · Via Business Wire · January 4, 2022
Public Storage Announces Closing of the All Storage Acquisition Amid Significant Growth Acceleration
Public Storage (NYSEPSA), the leading owner, acquirer, developer, and operator of self-storage properties, announced today that it has closed on the acquisition of All Storage, a high-quality self-storage portfolio, for $1.5 billion.
By Public Storage · Via Business Wire · December 2, 2021
Public Storage Announces Redemption of All Outstanding Depositary Shares Representing Interests in its 4.90% Cumulative Preferred Shares, Series E
Public Storage (NYSEPSA) announced today that it is calling for redemption all outstanding depositary shares representing interests in its 4.90% Cumulative Preferred Shares, Series E (NYSE:PSAPrE) on December 30, 2021 at $25 per depositary share. The aggregate redemption amount to be paid to all holders of the depositary shares is $350,000,000.
By Public Storage · Via Business Wire · November 29, 2021
Public Storage Announces Pricing of 4.00% Cumulative Preferred Shares of Beneficial Interest, Series R
Tom Boyle, Chief Financial Officer of Public Storage (NYSE:PSA, the “Company”), announced that the Company has priced a public offering of 17,400,000 depositary shares at $25.00 per depositary share, with each depositary share representing 1/1,000 of a 4.00% Cumulative Preferred Share of Beneficial Interest, Series R (the “Series R Preferred Shares”). The offering is expected to result in $435 million of gross proceeds (assuming no exercise of the underwriters’ overallotment option) and to close on or about November 19, 2021, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds for general corporate purposes, including to fund acquisitions of self-storage facilities and redemptions of our preferred shares.
By Public Storage · Via Business Wire · November 9, 2021
Public Storage Prices Public Offering of Senior Notes
Tom Boyle, Chief Financial Officer of Public Storage (NYSE:PSA, the “Company”), announced today that the Company has priced a public offering of $1.75 billion aggregate principal amount of senior notes (the “Notes”).
By Public Storage · Via Business Wire · November 4, 2021
Public Storage Announces Hiring of David Lee as Chief Operating Officer
Public Storage (NYSEPSA) announced today that David Lee has joined the Company as Chief Operating Officer.
By Public Storage · Via Business Wire · November 1, 2021
Public Storage Reports Results for the Three and Nine Months Ended September 30, 2021
Public Storage (NYSEPSA) announced today operating results for the three and nine months ended September 30, 2021.
By Public Storage · Via Business Wire · November 1, 2021
Public Storage Enhances Portfolio Coverage, Quality, and Growth with All Storage Acquisition
Public Storage (NYSEPSA), the leading owner, acquirer, developer, and operator of self-storage properties, announced today the acquisition of the high-quality All Storage portfolio for $1.5 billion.
By Public Storage · Via Business Wire · November 1, 2021
Public Storage to Release Third Quarter 2021 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its third quarter 2021 earnings results on Monday, November 1, 2021. A conference call is scheduled for Tuesday, November 2, 2021, at 9:00 a.m. (PDT) to discuss these results.
By Public Storage · Via Business Wire · October 11, 2021
Public Storage Prices Public Offering of Euro-Denominated Senior Notes
Tom Boyle, Senior Vice President and Chief Financial Officer of Public Storage (NYSE:PSA, the “Company”), announced today that the Company has priced a public offering of €700 million aggregate principal amount of Senior Notes due 2030 (the “Notes”). The Notes will bear interest at an annual rate of 0.500%, will be issued at 99.388% of par value and will mature on September 9, 2030. Interest on the Notes is payable annually on September 9 of each year, commencing September 9, 2022. The offering is expected to close on September 9, 2021, subject to customary closing conditions. The Company expects to use the net proceeds to make investments in self-storage facilities and in entities that own self-storage facilities, for the development of self-storage facilities, and for general corporate purposes.
By Public Storage · Via Business Wire · September 2, 2021
Public Storage Announces the Passing of Co-Founder and Chairman Emeritus B. Wayne Hughes
Public Storage (NYSEPSA) today announced the passing of its co-founder and Chairman Emeritus, B. Wayne Hughes, on August 18, 2021.
By Public Storage · Via Business Wire · August 18, 2021
Public Storage Announces Pricing of 3.950% Cumulative Preferred Shares of Beneficial Interest, Series Q
Tom Boyle, Chief Financial Officer of Public Storage (NYSE:PSA, the “Company”), announced that the Company has priced a public offering of 5,000,000 depositary shares at $25.00 per depositary share, with each depositary share representing 1/1,000 of a 3.950% Cumulative Preferred Share of Beneficial Interest, Series Q (the “Series Q Preferred Shares”). The offering is expected to result in $125 million of gross proceeds (assuming no exercise of the underwriters’ overallotment option) and to close on or about August 17, 2021, subject to the satisfaction of customary closing conditions.
By Public Storage · Via Business Wire · August 10, 2021
Public Storage Reports Results for the Three and Six Months Ended June 30, 2021
Public Storage (NYSEPSA) announced today operating results for the three and six months ended June 30, 2021.
By Public Storage · Via Business Wire · August 3, 2021
Public Storage to Release Second Quarter 2021 Earnings Results and Host Quarterly Conference Call
Public Storage (NYSEPSA) announced today it intends to release its second quarter 2021 earnings results on Tuesday, August 3, 2021. A conference call is scheduled for Wednesday, August 4, 2021, at 9:00 a.m. (PDT) to discuss these results.
By Public Storage · Via Business Wire · July 14, 2021
Public Storage Releases 2021 Sustainability Report
Public Storage (NYSEPSA) announced today the release of its 2021 Sustainability Report detailing how the Company’s engaged and diverse team, innovative and sustainable operations, and financial fortitude are positioning the Company for long-term growth and resilience.
By Public Storage · Via Business Wire · June 29, 2021
Public Storage Announces Redemption of All Outstanding Depositary Shares Representing Interests in its 4.95% Cumulative Preferred Shares, Series D
Public Storage (NYSEPSA) announced today that it is calling for redemption all outstanding depositary shares representing interests in its 4.95% Cumulative Preferred Shares, Series D (NYSE:PSAPrD) on July 20, 2021 at $25 per depositary share plus accrued dividends from July 1, 2021 through the date of redemption. The aggregate redemption amount, before payment of accrued dividends, to be paid to all holders of the depositary shares is $325,000,000.
By Public Storage · Via Business Wire · June 18, 2021
Public Storage Announces Pricing of 4.000% Cumulative Preferred Shares of Beneficial Interest, Series P
Tom Boyle, Chief Financial Officer of Public Storage (NYSE:PSA, the “Company”), announced that the Company has priced a public offering of 21,000,000 depositary shares at $25.00 per depositary share, with each depositary share representing 1/1,000 of a 4.000% Cumulative Preferred Share of Beneficial Interest, Series P (the “Series P Preferred Shares”). The offering is expected to result in $525 million of gross proceeds (assuming no exercise of the underwriters’ overallotment option) and to close on or about June 16, 2021, subject to the satisfaction of customary closing conditions.
By Public Storage · Via Business Wire · June 7, 2021