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Public Storage (PSA)

NYSE - NYSE Delayed price. Currency in USD
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308.47-2.99 (-0.96%)
At close: 04:00PM EST
305.00 -3.47 (-1.12%)
Pre-market: 04:40AM EST
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  • Bloomberg

    Public Storage Makes Unsolicited $11 Billion Offer for Rival

    (Bloomberg) -- Public Storage unveiled an unsolicited $11 billion bid Sunday for Life Storage Inc. in a move aimed at boosting profitability.Most Read from BloombergStrongest Quake in Decades Kills Hundreds in Turkey, SyriaChina Moves From Contrite to Confrontational Over US BalloonUS Moves to Recover Chinese Balloon While Weighing RetaliationUS Downs Chinese Balloon, Prompting Protests from BeijingTrump Offers $1 Million Bond to Appeal Clinton Suit SanctionsThe disclosure comes weeks after Publ

  • Business Wire

    Public Storage Proposes to Acquire Life Storage in All-Stock Transaction

    GLENDALE, Calif., February 05, 2023--Public Storage (NYSE: PSA), 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: LSI) in an all-stock transaction.

  • Business Wire

    Public Storage Increases Quarterly Common Dividend by 50%

    GLENDALE, Calif., February 05, 2023--Public Storage (NYSE:PSA) 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