General American Investors reports net assets $1.07B as of March 31

theflyonthewall.com

General American Investors reported net assets applicable to the company’s common stock as of March 31 of $1,066,906,005 as compared with net assets applicable to its common stock of $955,417,661 at December 31, 2012. The value at March 31 reflects an increase in net assets resulting from operations for the three month period then ended of $102,385,701, an increase of $9,300,595 for common shares issued in payment of dividends and distributions, and a decrease of $197,952 reflecting the cost of repurchasing 6,366 shares of the company’s common stock.

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