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0.00190579907432617 0.00190579907432617 0.00190579907432617 0.00190579907432617 0.000272257010617969 0.00136128505309004 0.000816771031854101 0.000272257010617969
Stock impact report

General American Investors Company Announces: Actions Taken by the Board of Directors

General American Investors, Inc. (GAM) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--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 604,687 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. This is a renewal of the repurchase program originally authorized by the Board of Directors on December 10, 2008 for 1 million 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.The Board of Directors also wishes to announce that the annual shareholder meeting will be held in New York City on April 22, 2020 for shareholders of record on February 14, 2020.General American Inves Show less Read more
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