AMERCO Announces Common Stock Repurchase Plan

December 6, 2007 Download

RENO, Nev., AMERCO (Nasdaq: UHAL) the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Republic Western Insurance Company and Amerco Real Estate Company, announced today that its Board of Directors has authorized the Company to repurchase up to $50 million of its common stock. The stock may be repurchased by the Company from time to time between December 5, 2007 and December 31, 2008. As of September 30, 2007, AMERCO had 20,059,314 shares of common stock outstanding.