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Zacks_Analysts' Blog : AMERCO (UHAL) Announces Redemption of Preferred Stock - Analyst Blog

Date April 16, 2011    Comments Comments (0)    Rate this post Recommend This Post (30)   
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Ian Gilson, CFA



AMERCO (UHAL) has announced the redemption of its 8 ½% Preferred Stock, effective June 1, 2011. This will save the company close to $3 million ($0.16 a share) a quarter in cash. It does not affect our price target and recommendation ($110 a share and Outperform) which are based on EBITDA data.



For a free copy of the full research report, please email scr@zacks.com with UHAL as the subject.



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Read the full analyst report on "UHAL"
Zacks Investment Research
Tags : CFA   AMERCO   UHAL   EBITDA  

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