General American Investors Files Certified Shareholder Report for Year Ended December 31, 2023
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 year ended December 31, 2023. The Form N-CSR, which contains the Company’s 2023 Annual Report, is available at the SEC’s website: www.sec.gov and the Company’s website: www.generalamericaninvestors.com.
The 2023 Annual Report and the Proxy Statement, pertaining to the Company’s Annual Meeting of Stockholders to be held on April 24, 2024, are also available on the website.
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The Annual Report indicates that as of and for the year ended:
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2023 |
2022 |
|
|
|
|
|
Net Assets Applicable to Common Stock |
$1,233,031,938 |
$1,041,159,645 |
|
Per Common Share |
$51.96* |
$43.42** |
|
|
|
|
|
Net Investment Income |
$10,577,329 |
$5,508,597 |
|
Per Common Share |
$0.44 |
$0.22 |
|
|
|
|
|
Net Gain (Loss) on Investments |
$262,826,469 |
($182,783,273) |
|
Per Common Share |
$11.18 |
($7.38) |
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|
|
|
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Common Shares Outstanding |
23,732,324 |
23,979,022 |