General American Investors Company, Inc. Quarterly Dividend and Distribution on 5.95% Preferred Stock
Posted on Wednesday April 24, 2024
NEW YORK, April 24, 2024--The Board of Directors of General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), declared on its 5.95% cumulative preferred stock, series B, a dividend and distribution of $0.371875 per share payable in cash on June 24, 2024 to holders of record on June 7, 2024. This quarterly dividend and distribution represents a payment for the accrual period from March 25, 2024 through June 23, 2024. Preferred sharehold
General American Investors Announces Change of Date for 2024 Annual Meeting of Stockholders
Posted on Tuesday March 05, 2024
NEW YORK, March 05, 2024--General American Investors Company, Inc. (the "Company"), a closed-end investment company listed on the New York Stock Exchange (GAM), today announced that it provided its stockholders with notice of a change in date for its 2024 Annual Meeting of Stockholders (the "Meeting") through the filing of additional proxy solicitation materials with the Securities and Exchange Commission.
General American Investors Files Certified Shareholder Report for Year Ended December 31, 2023
Posted on Friday February 16, 2024
NEW YORK, February 16, 2024--General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), filed with the U.S. Securities and Exchange Commission (SEC) its Certified Shareholder Report (Form N-CSR) for the year ended December 31, 2023. The Form N-CSR, which contains the Company’s 2023 Annual Report, is available at the SEC’s website: www.sec.gov and the Company’s website: www.generalamericaninvestors.com.
General American Investors Company Announces Action Taken by the Board of Directors
Posted on Thursday January 25, 2024
NEW YORK, January 25, 2024--The Board of Directors authorized the repurchase of an additional 1,000,000 outstanding shares of common stock when the shares are trading at a discount from the underlying net asset value by at least 8%. This continues a repurchase program which began in March 1995. Through December 31, 2023, the Company has repurchased 32.5 million shares of common stock for a cost of $1 billion at an average discount of 14.1%.
