BERETTA HOLDING S.A. ANNOUNCES FINAL RESULTS OF CASH TENDER OFFER FOR SHARES OF STURM, RUGER & COMPANY, INC.
PR Newswire•20/10/2026•08:00 ET
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Key Highlights
- ➤6,094,325 Ruger shares tendered, versus 2,400,184 shares sought
- ➤Beretta accepted 2,400,184 shares at $44.80 each
- ➤39.4% proration applied because the tender offer was oversubscribed
- ➤Beretta will own approximately 25.0% of Ruger after settlement
BERETTA HOLDING S.A. ANNOUNCES FINAL RESULTS OF CASH TENDER OFFER FOR SHARES OF STURM, RUGER & COMPANY, INC. PR Newswire
LUXEMBOURG, Oct. 20, 2026 /PRNewswire/ -- Beretta Holding S.A. ("Beretta Holding") announced today the final 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 (the "Tender Offer"), which expired at one minute following 11:59 p.m., New York City time, on Thursday, October 15, 2026.
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