shanneba
Professional
Beretta Holding announced today the preliminary results of its cash tender offer to purchase up to 2,400,184 of the outstanding shares of common stock, par value $1.00 per share (the “shares”) of Sturm, Ruger & Company, Inc. (NYSE: RGR) (“Ruger”) at a price of $44.80 per share in cash (the “Tender Offer”). The Tender Offer expired at one minute following 11:59 p.m., New York City time, on Thursday, October 15, 2026.
Based on a preliminary count by the depositary for the Tender Offer, a total of 3,589,647 Shares were validly tendered and not properly withdrawn, excluding 2,652,256 Shares tendered by notice of guaranteed delivery.
Because the Tender Offer was oversubscribed, the number of Shares that Beretta Holding will purchase from each tendering stockholder will be prorated to limit the aggregate purchase to 2,400,184 Shares.
Pietro Gussalli Beretta, Chairman and CEO of Beretta Holding stated, “This investment represents a significant milestone for Beretta Holding. It marks our first participation in a publicly listed company and opens a new chapter in our development as a long-term investor in the U.S. capital markets. Our cooperation with Ruger expands our position in the United States, our largest market, while creating new opportunities to expand Ruger’s presence internationally.”
www.americanrifleman.org
Based on a preliminary count by the depositary for the Tender Offer, a total of 3,589,647 Shares were validly tendered and not properly withdrawn, excluding 2,652,256 Shares tendered by notice of guaranteed delivery.
Because the Tender Offer was oversubscribed, the number of Shares that Beretta Holding will purchase from each tendering stockholder will be prorated to limit the aggregate purchase to 2,400,184 Shares.
Pietro Gussalli Beretta, Chairman and CEO of Beretta Holding stated, “This investment represents a significant milestone for Beretta Holding. It marks our first participation in a publicly listed company and opens a new chapter in our development as a long-term investor in the U.S. capital markets. Our cooperation with Ruger expands our position in the United States, our largest market, while creating new opportunities to expand Ruger’s presence internationally.”
An Official Journal Of The NRA | Beretta Holding Announces Preliminary Results of Cash Tender Offer for Shares of Sturm, Ruger & Co., Inc.
Beretta Holding announced today the preliminary results of its cash tender offer to purchase up to 2,400,184 of the outstanding shares of Sturm, Ruger & Co., Inc. common stock.