Beretta Holding’s tender offer for 2,400,184 Ruger shares is oversubscribed
RGR•Beretta Holding will purchase 2,400,184 Sturm Ruger common shares for $44.80 each after its cash tender offer was oversubscribed. Preliminary tenders totaled 3,589,647 shares, and estimated proration is 38.45%, subject to confirmation and receipt of guaranteed-delivery shares.
1. Tender offer results
Beretta Holding will purchase 2,400,184 Sturm Ruger common shares at $44.80 per share after its cash tender offer expired on Oct. 15, 2026. Preliminary tenders totaled 3,589,647 shares, excluding 2,652,256 shares tendered by notice of guaranteed delivery. Estimated proration is 38.45%, assuming all guaranteed-delivery shares arrive within the required one-trading-day period; the final factor remains subject to confirmation.
