Public Storage establishes $2B at-the-market equity distribution program

Public Storage

Up to $2B of common shares may be sold through managers including Morgan Stanley, BofA, and Goldman Sachs.
Proceeds contributed to PSOC for general corporate purposes and self-storage facility acquisitions.
Forward sale agreements available; company expects physical settlement for cash proceeds.
Manager compensation capped at 2.0% of gross sales price; existing buyback has >10.5M shares remaining.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.