Beretta Holding raises Sturm Ruger stake to 25% through tender offer
RGR•Beretta Holding accepted 2,400,184 Sturm Ruger shares at $44.80 each, bringing its beneficial ownership to approximately 25%. The oversubscribed offer had a 39.4% proration factor and expired October 15, 2026.
1. Tender offer results
Beretta Holding accepted 2,400,184 Sturm Ruger common shares for purchase at $44.80 each in its oversubscribed cash tender offer. The purchase will bring its beneficial ownership to approximately 25%, based on shares outstanding as of September 17, 2026. Shareholders tendered 6,094,325 shares without withdrawing them, resulting in a proration factor of approximately 39.4%; the offer expired October 15, 2026.
