U-Haul Rings New York Stock Exchange Opening Bell

Feb 20, 2023

NEW YORK CITY — U-Haul representatives rang the New York Stock Exchange (NYSE) opening bell on Jan. 24, an event that celebrated the Company’s recent name change and move to the exchange.

Team Members from U-Haul headquarters in Phoenix, including Royal Shoen, daughter of U-Haul CEO Joe Shoen, joined U-Haul field members based in New York to ring the bell.

Field members included store general managers Sam Baca and Emeny Hernandez-Bernard, as well as traffic control manager Domenico Tripodi. Also in attendance were Jason Berg, Chief Financial Officer, and Sebastien Reyes, Vice President of Communications.

Name Change and New Exchange

The transition from Nasdaq to NYSE was accompanied by the U-Haul parent company’s name change from AMERCO to U-Haul Holding Company. The change should make the name and market listing more easily identifiable with U-Haul – the parent company’s chief subsidiary. The name change was announced in October 2022.

“The majority of our customers are already transacting with us under the U-Haul name,” Berg stated. “This change may help with the marketability of our stock. Some investors have indicated that the investing public is unfamiliar with AMERCO, and that U-Haul is more recognizable and representative of what we do. The Company is listening and adapting to this feedback.

“AMERCO became the name of the (parent) Company in 1969. The acronym stands for Advanced Management Engineering and Research Company. U-Haul Holding Company better reflects the purpose of the parent Company and conveys where the organization’s focus is at.”

The New York Stock Exchange is an American stock exchange in the Financial District of Lower Manhattan. It is the world’s largest stock exchange by market capitalization.

More articles like this one…

What’s New

Ringing Endorsement: U-Haul Marks 80 Years of Serving DIY Movers

Ringing Endorsement: U-Haul Marks 80 Years of Serving DIY Movers

Tribute Journey Fleet Week Afternoon Tea honoring Gold Star Families preceded the closing bell ceremony In a historic moment, U-Haul commemorated its 80th anniversary of moving people to a better life by ringing the New York Stock Exchange closing bell on May 23 to...

U-Haul to Ring in 80th Anniversary as Moving Season Gets Started

U-Haul to Ring in 80th Anniversary as Moving Season Gets Started

U-Haul® will symbolically kick off “moving season” on Friday with the ringing of the closing bell at the New York Stock Exchange. The ceremony will also mark the start of a special summer for the do-it-yourself moving and self-storage leader, which is celebrating 80...

U-Haul Food Drive Benefits Arizona Nonprofit St. Vincent de Paul

U-Haul Food Drive Benefits Arizona Nonprofit St. Vincent de Paul

Team Members donated more than 2,500 pounds of food and water during a recent food drive at U-Haul® headquarters in Phoenix to support local charity partner St. Vincent de Paul. SVdP, with the help of partners like U-Haul and caring volunteers, makes a tremendous...

Northern Exposure: U-Haul Trucks Reach Remote Alaskan Town of Craig

Northern Exposure: U-Haul Trucks Reach Remote Alaskan Town of Craig

U-Haul “8 for 80” Dealer Series In celebration of our 80th anniversary in 2025, we are highlighting eight small businesses serving as U-Haul dealers who have teamed with us to bring DIY moving products and services to their communities. These dealers may be old or...

The U-Haul Toy Hauler: Will My Large SUV or Truck Fit?

The U-Haul Toy Hauler: Will My Large SUV or Truck Fit?

With certain limitations and exceptions, here is just a sampling of the vehicles that can be towed by the U-Haul Toy Hauler trailer that would not fit on the U-Haul Auto Transport: BMW X7Cadillac EscaladeChevy AvalancheChevy Silverado 1500-3500Chevy SuburbanChevy...