Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries General American Investors Reports Net Assets as of September 30, 2022 By: General American Investors Company, Inc. via Business Wire October 31, 2022 at 16:15 PM EDT General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), reported net assets applicable to the Company’s common stock as of September 30, 2022 of $967,087,331 as compared with net assets applicable to its common stock of $1,282,788,664 at December 31, 2021. The value at September 30, 2022 reflects a decrease in net assets resulting from operations for the nine-month period of $285,681,617, a reduction of $17,952,160 representing the cost of repurchasing 473,540 shares of the Company’s common stock partially offset by the issuance of 2,730 shares valued at $115,454, and a distribution of $12,183,010 to common stockholders paid on February 18, 2022. Net asset value per share of common stock at September 30, 2022 was $40.43, as compared with $52.59 per share at December 31, 2021. The third quarter report indicates that as of and for the nine months ended: 9/30/2022 9/30/2021 Net Assets Applicable to Common Stock $967,087,331 $1,210,235,496 Per Common Share $40.43* $50.61 Net Investment Income $4,117,537 $687,633 Per Common Share $0.16 $0.03 Net Gain (Loss) on Investments ($281,315,175) $169,805,144 Per Common Share ($11.47) $7.18 Dividends and Distributions to Preferred Stockholders $8,483,979 $8,483,979 Per Common Share $0.35 $0.35 Dividends and Distributions to Common Stockholders $12,183,010 $6,149,060 Per Common Share $0.50 $0.25 Common Shares Outstanding 23,921,324 23,914,322 *After dividends and distributions of $3.05 per share paid to common stockholders in December 2021 and $0.50 per share paid in February 2022. For more current information concerning the Company’s net asset value per common share and market price, please visit the Company’s website at: www.generalamericaninvestors.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20221031005662/en/Contacts Eugene S. Stark, Vice-President Administration (212) 916-8447 Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
General American Investors Reports Net Assets as of September 30, 2022 By: General American Investors Company, Inc. via Business Wire October 31, 2022 at 16:15 PM EDT General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), reported net assets applicable to the Company’s common stock as of September 30, 2022 of $967,087,331 as compared with net assets applicable to its common stock of $1,282,788,664 at December 31, 2021. The value at September 30, 2022 reflects a decrease in net assets resulting from operations for the nine-month period of $285,681,617, a reduction of $17,952,160 representing the cost of repurchasing 473,540 shares of the Company’s common stock partially offset by the issuance of 2,730 shares valued at $115,454, and a distribution of $12,183,010 to common stockholders paid on February 18, 2022. Net asset value per share of common stock at September 30, 2022 was $40.43, as compared with $52.59 per share at December 31, 2021. The third quarter report indicates that as of and for the nine months ended: 9/30/2022 9/30/2021 Net Assets Applicable to Common Stock $967,087,331 $1,210,235,496 Per Common Share $40.43* $50.61 Net Investment Income $4,117,537 $687,633 Per Common Share $0.16 $0.03 Net Gain (Loss) on Investments ($281,315,175) $169,805,144 Per Common Share ($11.47) $7.18 Dividends and Distributions to Preferred Stockholders $8,483,979 $8,483,979 Per Common Share $0.35 $0.35 Dividends and Distributions to Common Stockholders $12,183,010 $6,149,060 Per Common Share $0.50 $0.25 Common Shares Outstanding 23,921,324 23,914,322 *After dividends and distributions of $3.05 per share paid to common stockholders in December 2021 and $0.50 per share paid in February 2022. For more current information concerning the Company’s net asset value per common share and market price, please visit the Company’s website at: www.generalamericaninvestors.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20221031005662/en/Contacts Eugene S. Stark, Vice-President Administration (212) 916-8447
General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), reported net assets applicable to the Company’s common stock as of September 30, 2022 of $967,087,331 as compared with net assets applicable to its common stock of $1,282,788,664 at December 31, 2021. The value at September 30, 2022 reflects a decrease in net assets resulting from operations for the nine-month period of $285,681,617, a reduction of $17,952,160 representing the cost of repurchasing 473,540 shares of the Company’s common stock partially offset by the issuance of 2,730 shares valued at $115,454, and a distribution of $12,183,010 to common stockholders paid on February 18, 2022. Net asset value per share of common stock at September 30, 2022 was $40.43, as compared with $52.59 per share at December 31, 2021. The third quarter report indicates that as of and for the nine months ended: 9/30/2022 9/30/2021 Net Assets Applicable to Common Stock $967,087,331 $1,210,235,496 Per Common Share $40.43* $50.61 Net Investment Income $4,117,537 $687,633 Per Common Share $0.16 $0.03 Net Gain (Loss) on Investments ($281,315,175) $169,805,144 Per Common Share ($11.47) $7.18 Dividends and Distributions to Preferred Stockholders $8,483,979 $8,483,979 Per Common Share $0.35 $0.35 Dividends and Distributions to Common Stockholders $12,183,010 $6,149,060 Per Common Share $0.50 $0.25 Common Shares Outstanding 23,921,324 23,914,322 *After dividends and distributions of $3.05 per share paid to common stockholders in December 2021 and $0.50 per share paid in February 2022. For more current information concerning the Company’s net asset value per common share and market price, please visit the Company’s website at: www.generalamericaninvestors.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20221031005662/en/