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Public Storage (PSA) Q1 2021 Earnings Call Transcript

Public Storage (PSA) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
© The Motley Fool
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Public Storage (NYSE: PSA)
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Public Storage First Quarter 2021 Earnings Call. [Operator Instructions]
It is now my pleasure to turn the floor over to Ryan Burke, Vice President of Investor Relations. Ryan, you may begin.SPONSORED:
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TD Bank Is Offering a $300 Cash Bonus for New Customers

TD Bank Is Offering a $300 Cash Bonus for New Customers
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Public Storage Issues Statement

Press release content from Business Wire. The AP news staff was not involved in its creation.
Public Storage Issues Statement
GLENDALE, Calif. (BUSINESS WIRE) Dec 14, 2020
Public Storage (NYSE:PSA) today issued the following statement in response to a letter from Elliott Associates, L.P. and Elliott International, L.P. (together, “Elliott”):
The Public Storage Board of Trustees and management team are committed to serving the best interests of the Company and its shareholders, and will continue to take decisive action to drive sustainable value creation.
Public Storage is the world’s largest owner, operator, and developer of self-storage properties, with a $46 billion total market capitalization. This success has come through executing strategies that promote the long-term resilience of its properties and of the Company, as well as enhancing shareholder value, resulting in the generation of 20-year Compounded Annual Growth Rates (CAGR) of: 7% for core fu ....

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