Extra Space Storage (EXR) Announces 7M Common Offering
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Price: $146.71 -0.71%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.3%
Revenue Growth %: +2.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.3%
Revenue Growth %: +2.6%
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Extra Space Storage Inc. (NYSE: EXR) will issue and sell 7,000,000 shares of its common stock in a public offering. Citigroup is acting as the sole book-running manager for the offering. The Company will grant the underwriter a 30-day option to purchase up to an additional 1,050,000 shares.
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