Benzinga | May 4, 2021 08:46AM EDT

Elliot Investment Management Issues Statement On Public Storage Investor Day (Full Statement)

Elliott Investment Management L.P. today released the following statement on behalf of Portfolio Manager Johannes Weber regarding Public Storage's (NYSE:PSA) Investor Day Presentation:

"Over the course of our engagement with Public Storage, we have seen the company make substantial strides in transparency and investor communication, and its real commitment to change was clearly evident in yesterday's Investor Day presentation. We expect management to follow through on these commitments, and we look forward to the changes announced yesterday flowing through to Public Storage's financials as the company capitalizes on its significant growth prospects."