The Board of Directors of General American Investors Company, Inc., a closed-end investment company whose common and preferred shares are listed on the New York Stock Exchange (NYSE symbols - GAM and GAM Pr B, respectively), renewed authorization for the repurchase of up to 1,601,553 outstanding shares of 5.95% Cumulative Preferred Stock, Series B when the shares are trading at a market price below the liquidation preference of $25 per share. To date, a total of 398,447 shares of Preferred Stock have been repurchased and retired. This program is separate from, and in addition to, the common stock repurchase program.

General American Investors was founded in 1927, has been publicly traded since its inception, and has been listed on the NYSE since 1930. The objective of the Company is long-term capital appreciation through investment in companies with above average growth potential. As of November 30, 2024, the Company had total net assets of approximately $1.4 billion applicable to its 22.9 million shares of common stock outstanding. The aggregate liquidation value of the Company’s 7.6 million shares of 5.95% Cumulative Preferred Stock, Series B is $190.0 million.

Eugene S. Stark Vice-President, Administration (212) 916-8447

General American Investors (NYSE:GAM)
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General American Investors (NYSE:GAM)
과거 데이터 주식 차트
부터 1월(1) 2024 으로 1월(1) 2025 General American Investors 차트를 더 보려면 여기를 클릭.