Pershing Square Activist Presentation Deck
HHC Share Price Performance Since Inception
HHC's share price increased 30% in 2019 and decreased 3% year-to-date
in 2020¹
Share price
HHC's share price performance from 11/9/2010 to 2/4/2020
$170
$150
$130
$110
$90
$70
$50
$30
Nov-2010
Oct-2014
Mar-2012
Jun-2013
Feb-2016
Oct-2018
Note: The performance of HHC's share price is provided for illustrative purposes only and is not an indication of future returns of the Pershing Square funds.
*Average cost at announcement date. Please see the additional disclaimers and notes to performance results at the end of the presentation.
(1) As of 2/4/2020
49
10/21/19: HHC Board concludes
strategic review process and
announces transformation plan
and new leadership
6/27/19: HHC announces its
Board of Directors will be
conducting a detailed review
of strategic alternatives
Jun-2017
$123
$37*
Feb-2020View entire presentation