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%
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%.