General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), reported net assets applicable to the Company’s common stock as of September 30, 2020 of $1,005,450,799 as compared with net assets applicable to its common stock of $1,081,697,614 at December 31, 2019. The value at September 30, 2020 included a decrease in net assets resulting from operations for the nine month period of $64,924,973 and a reduction of $11,321,842 representing the cost of 327,690 shares of the Company’s common stock that were repurchased during the nine month period.
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