UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

August 23, 2018

Date of Report (Date of earliest event reported)

 

 

AMERCO

(Exact name of registrant as specified in its charter)

 

 

Nevada

1-11255

88-0106815

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

 

5555 Kietzke Lane, Ste. 100

Reno, Nevada 89511

(Address of Principal Executive Offices)

 

(775) 688-6300

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

[ ]

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

[ ]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

[ ]

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

[ ]

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


Item 5.07     Submission of Matters to a Vote of Security Holders

On August   23,   2018, AMERCO   (the “Company”)   held its 2018   Annual Meeting of Stockholders. At such meeting   our stockholders voted upon and approved:   (i) the election of   Edward J. Shoen, James E. Acridge, John P. Brogan, John M. Dodds, James J. Grogan, Richard J. Herrera, Karl A. Schmidt and   Samuel J. Shoen   as directors of the Company,   to serve until the 2019   Annual Meeting of Stockholders   of the Company (“Proposal 1”); (ii) the ratification of the appointment of BDO USA, LLP as the Company’s independent   registered public accounting firm   for   the   fiscal   year ending March 31,   2019 (“Proposal 2”); and   (iii) a proposal received from   Company stockholder proponents   to ratify and affirm the decisions and actions taken by the Board   of Directors   and   executive   officers   of the Company, with respect to AMERCO, its subsidiaries,   and its   various constituencies, for the   fiscal year ended   March 31, 2018 (“Proposal 3”).

The following table sets forth the votes cast for, against or withheld, as well as the number of abstentions and broker non-votes with respect to each matter voted on at the 2018 Annual Meeting of Stockholders of AMERCO.

 

 

Votes

Cast For

Votes

Cast Against

Votes

Withheld

 

Abstentions

Broker

Non-votes

Proposal 1

 

 

 

 

 

   Edward J. Shoen

14,618,513

-

1,960,387

-

1,076,739

   James E. Acridge

16,115,853

-

463,047

-

1,076,739

   John P. Brogan

15,476,883

-

1,102,017

-

1,076,739

   John M. Dodds

15,710,527

-

868,373

-

1,076,739

   James J. Grogan

16,039,299

-

539,601

-

1,076,739

   Richard J. Herrera

15,931,201

-

647,699

-

1,076,739

   Karl A. Schmidt

16,056,231

-

522,669

-

1,076,739

   Samuel J. Shoen

14,525,230

-

2,053,670

-

1,076,739

 

 

 

 

 

 

Proposal 2

17,386,913

254,251

-

14,475

-

 

 

 

 

 

 

Proposal 3

14,623,034

2,849,489

-

183,116

-

 

 

 

 

 

 

 

 

Item 8.01.   Other Items

 

On August 24, 2018, AMERCO (the “Company”) announced that its Board of Directors declared a special cash dividend on its Common Stock of $0.50 per share payable to all shareholders of record of the Company’s Common Stock as of close of business on September 10, 2018. The payment date for the special dividend will be September 24, 2018.

 

The Company’s press release regarding the special dividend is included as Exhibit 99.1.

 

 

Item 9.01.   Financial Statements and Exhibits

 

(d) Exhibits.  

 

Exhibit No.

Description

99.1

Press release dated August 24, 2018.

 



 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: August 24, 2018

 

AMERCO

 

 

/s/ Jason A. Berg

 

Jason A. Berg

Chief Financial Officer

 

 

 

 

 

 

 

 

 

 

 

Exhibit Index

 

  Exhibit No.

Description

99.1

Press release dated August 24, 2018.

 

 

 

 


Contact:

Sebastien Reyes

Director of Investor Relations

AMERCO

(602) 263-6601

sebastien_reyes@uhaul.com

 

AMERCO Announces Special Cash Dividend

 

Reno, Nev. (August 24, 2018) AMERCO (Nasdaq: UHAL), the parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on August 23, 2018, declared a special cash dividend on its Common Stock of $0.50 per share. The dividend will be payable September 24, 2018 to holders of record on September 10, 2018.

 

About AMERCO

 

AMERCO is the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company. U-Haul is in the shared use business and was founded on the fundamental philosophy that the division of use and specialization of ownership is good for both U-Haul customers and the environment.

 

About U-Haul

 

Since 1945, U-Haul has been the choice for the do-it-yourself mover. U-Haul customers' patronage has enabled the Company to maintain the largest rental fleet in the do-it-yourself moving industry which includes a fleet of trucks, trailers and towing devices. U-Haul also offers storage throughout North America. U-Haul is the consumer's number one choice as the largest installer of permanent trailer hitches in the automotive aftermarket industry. The Company supplies alternative-fuel for vehicles and backyard barbecues as one of the nation's largest retailers of propane.