NEW YORK -- (Business Wire)
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 six month period ended June 30, 2023. The Form N-CSR contains the Company’s June 30, 2023 Semi-Annual Report and is available at the SEC’s website: www.sec.gov and the Company’s website: www.generalamericaninvestors.com. The Semi-Annual Report is expected to be mailed to stockholders shortly.
The Semi-Annual Report indicates that as of or for the six months ended:
| | | 6/30/23 | | | 6/30/22 |
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Net Assets Applicable to Common Stock
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$1,200,083,087
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$1,007,632,841
|
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Net Assets Per Common Share
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$50.48*
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$42.03
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Net Investment Income
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$6,013,170
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$2,586,971
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Per Share
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$0.25
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$0.10
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Net Loss/Gain on Investments
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166,692,175
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($244,029,899)
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Per Share
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$7.05
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($9.93)
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Common Shares Outstanding
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23,775,433
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23,975,610
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*
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After dividends and distributions of $1.00 per share paid in December 2022.
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The largest stock holdings in the Company’s portfolio as of June 30, 2023, included: Republic Services, Microsoft, Apple, Arch Capital, and ASML Holding.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230803716668/en/
Contacts:
Company Contact:
Eugene S. Stark
Vice-President, Administration
(212) 916-8447
Source: General American Investors Company, Inc.
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