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United States

General American Investors Company Inc (GAM)

GAM on New York Consolidated

32.57USD
28 Jul 2016
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Latest Key Developments (Source: Significant Developments)

General American extends repurchase program for additional 1 mln outstanding shares
Wednesday, 13 Jul 2016 04:02pm EDT 

General American Investors Company Inc :General American Investors Company reports quarterly dividend and distribution on 5.95% preferred stock; extension of repurchase program for additional 1,000,000 outstanding shares of common stock.  Full Article

General American Investors Company announces renewal of repurchase program
Wednesday, 10 Dec 2014 04:02pm EST 

General American Investors Company:Renewed authorization for repurchase of 604,687 outstanding shares of 5.95 pct Cumulative Preferred Stock, Series B when the shares are trading at a market price below the liquidation preference of $25 per share.This is a renewal of repurchase program originally authorized by the Board of Directors on Dec. 10, 2008 for 1 mln shares of Preferred Stock.To date, a total of 395,313 shares of Preferred Stock have been repurchased and retired.This program is separate from and in addition to the common stock repurchase program which began in March 1995.  Full Article

General American Investors Company Inc declares year-end dividend and distribution
Friday, 5 Dec 2014 04:34pm EST 

General American Investors Company Inc:Says price at which shares of its common stock will be issued to stockholders who elected to receive additional shares in payment of 2014 year-end dividend and distribution on its common stock will be $35.21 per share.Says dividend and distribution is payable on December . 30, 2014.As announced on Nov. 5, dividend and distribution amounts to $3.50 per share.Says distribution of $2.94 per share from net long-term capital gains on securities sold.Says dividend of $0.56 per share from estimated undistributed net investment income for full year 2014.  Full Article

General American Investors Company Inc declares year-end dividends and distributions on common and preferred stock
Wednesday, 5 Nov 2014 04:01pm EST 

General American Investors Company Inc:Declares a combined dividend and distribution of $3.50 per share on its outstanding shares of common stock as follows.A distribution of $2.94 per share from net long-term capital gains on securities sold.A dividend of $0.56 per share from estimated undistributed net investment income for FY 2014.Payable on Dec. 30 to stockholders of record on Nov. 17, and are to be included in stockholders' Federal income tax returns for 2014.Declares on its 5.95 pct Cumulative Preferred Stock, Series B, a dividend and distribution of $0.371875 per share payable in cash on Dec. 24 to holders of record on Dec. 8.  Full Article

BRIEF-General American extends repurchase program for additional 1 mln outstanding shares

* General American Investors Company reports quarterly dividend and distribution on 5.95% preferred stock; extension of repurchase program for additional 1,000,000 outstanding shares of common stock Source text for Eikon: Further company coverage: )