The Online Investor
Home
Dividends
25 Safe Dividends
Stock Splits
Mergers & Acquisitions
Mega Mergers
Stock Buybacks
Stock Buybacks
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
IPOs
Secondary Offerings
Top 20 Large Caps
Top 20 Biggest ETFs
Insider Buying
Top 25 Low PE Ratios
Analyst Actions
25 Top Analyst Picks
Articles
CAGR Calculator
Dunnan On Dollars
10 Pot Stocks
ETF Center
Knowledge Center
Retirement Center
Advertising Opportunities
Privacy Policy
Disclaimer Statement
GAM Buyback image

General American Investors Company, Inc. Buyback

OLI recorded this information on 10/20/2016

Company: General American Investors Company, Inc.
Buyback: GAM buyback
Share Amount Authorized: 1,000,000
Buyback Details: The Board of Directors of General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (NYSE:GAM), 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. During this period, the Company has repurchased 23.5 million shares of common stock for $681 million at an average discount of 13.2%.

General American Investors is registered as a closed-end, diversified management investment company. The Fund's objective is long-term capital appreciation through investment in companies with above average growth potential.

Preferred: GAM.PRB


Open the GAM Page at The Online Investor »

GAM — Key Stats (updated 19 hours, 13 minutes ago)
Company Name:  General American Investors Co., Inc.
Stock buyback:  GAM buyback
Website:  www.generalamericaninvestors.com
Sector:  Investment Companies & Venture Capital
Number of ETFs Holding GAM:  1
Total Market Value Held by ETFs:  $614625
Total Market Capitalization:  $1.35B
% of Market Cap. Held by ETFs:  0.05%
 

Open the GAM Page at The Online Investor (in a new window) »
May 2, 2024  •  5:38 AM Eastern
GAM — Current Quote
Quotes delayed 20 minutes

Email EnvelopeFree GAM Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

GAM Buyback | www.TheOnlineInvestor.com | Copyright © 1998 - 2024, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.