Market Overview

Goldman Sachs Statement on Proposed Capital Actions

NEW YORK--(BUSINESS WIRE)--

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.

The Goldman Sachs Group, Inc.
Media:
Lucas van Praag, 212-902-5400
or
Investors:
Dane Holmes, 212-902-0300

 

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