05:09 PM EDT, 04/15/2024 (MT Newswires) -- Extra Space Storage, Inc. ( EXR ) unveiled plans late Monday for an offering of up to $800 million of its common stock.

The proposed offering falls within the company's plan to offer and sell, from time to time, common and preferred stock, depositary shares, warrants, rights, units, debt securities, and guarantees of debt securities.

In addition, the company said selling security holders may offer and sell shares of its common stock together or separately.

Extra Space Storage LP may also offer debt securities in one or more series.

Extra Space's shares slumped 5% in after-hours trading on Monday.