Goldman Sachs Statement on Proposed Capital Actions
NEW YORK, March 13, 2012 -- The Goldman Sachs Group, Inc. (NYSE: GS) today announced that the Federal Reserve did not object to Goldman Sachs’ proposed capital actions through the first quarter of 2013, including the repurchase of outstanding common stock and a potential increase in its quarterly common stock dividend.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
# # #
Lucas van Praag
Tel: 212 902 5400
Dane E. Holmes
Tel: 212 902 0300