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General American Investors Files Certified Shareholder Report For Period Ended June 30, 2012

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 six month period ended June 30, 2012. The Form N-CSR contains the Company’s June 30, 2012 Semi-Annual Report and is available at the SEC’s website: www.sec.gov and the Company’s website: www.generalamericaninvestors.com. The Semi-Annual Report is expected to be mailed to stockholders shortly.

Financial Information

The Semi-Annual Report indicates that as of or for the six months ended:

   

6/30/12

     

6/30/11

 
Net Assets Applicable to Common Stock $915,445,667 $983,696,903
 
Net Assets Per Common Share $31.95* $32.64
 
Net Investment Income $2,467,142 $2,058,149
 
Per Share $.09 $.07
 
Net Gain on Investments $62,776,373 $44,369,139
 
Per Share $2.28 $1.50
 
Common Shares Outstanding 28,650,132 30,142,086
* After dividends and distributions of $.50 per share paid in December 2011.

Securities Transactions and Positions

The Company reported that it made a new commitment during the second quarter of 2012 in Ford Motor Company and increased its holding in Unilever N.V.

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