Beretta Holding Rejects Ruger Board's Exemption from Shareholder Rights Plan, Sends Letter in Response
ByAinvest
Tuesday, Mar 31, 2026 9:35 am ET1min read
RGR--
Beretta Holding, the largest shareholder of Sturm, Ruger & Company, responded to the board's rejection of exemption from the shareholder rights plan. Beretta Holding is disappointed by the board's behavior and believes its investment would be value-creating for all shareholders. The offer was at a 20% premium to the 60-day volume-weighted average price. Beretta Holding remains willing to attend a meeting for a constructive resolution but will continue to explore legal alternatives.
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