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Public Storage calls all $206.67 million of series L preferred shares
By Ashley Montgomery
Kansas City, Kan., Jan. 5 - Public Storage, Inc. announced the redemption of all $206,665,000 of its outstanding depositary shares, representing interests in its 6.75% series L cumulative preferred shares.
The shares will be redeemed on Feb. 9 at a price of $25 per share, plus accrued dividends to the redemption date from Jan. 1.
The Glendale, Calif., company is a real estate investment trust that acquires, develops, owns and operates self-storage facilities.
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