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General American Investors Board Authorized Repurchase Of Additional 1M Outstanding Shares Of Common Stock When Shares Are Trading At Discount From Underlying Net Asset Value By At Least 8%

Author: Benzinga Newsdesk | January 25, 2024 05:28pm

This continues a repurchase program which began in March 1995. Through December 31, 2023, the Company has repurchased 32.5 million shares of common stock for a cost of $1 billion at an average discount of 14.1%.

Posted In: GAM


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