BERETTA HOLDING S.A. ANNOUNCES PRELIMINARY RESULTS OF CASH TENDER OFFER FOR SHARES OF STURM, RUGER & COMPANY, INC.
PR Newswire•16/10/2026•08:00 ET
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Key Highlights
- ➤Tender offer received 3,589,647 validly tendered Ruger shares
- ➤Beretta will purchase up to 2,400,184 Ruger shares at $44.80 each
- ➤Estimated proration factor approximately 38.45%, subject to final confirmation
- ➤Beretta says investment marks first participation in a publicly listed company
Expert Statements
Pietro Gussalli Beretta, Chairman and CEO of Beretta Holding
“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 Rugers presence internationally.”
BERETTA HOLDING S.A. ANNOUNCES PRELIMINARY RESULTS OF CASH TENDER OFFER FOR SHARES OF STURM, RUGER & COMPANY, INC. PR Newswire
LUXEMBOURG, Oct. 16, 2026 /PRNewswire/ -- Beretta Holding S.A. ("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.
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