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Ruger Sets the Record Straight on Competitor Beretta's Attempt to Seize Control of Ruger
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Beretta Sought to Buy Ruger Stock at a 15% Discount from Ruger in a Private Placement and to Obtain Disproportionate Board Representation and Voting Power that Would Give It Near-Veto Power Over Important Matters
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Beretta's Self-Serving Demands Included Appointing Its Own CEO to Ruger's Board in Violation of U.S. Antitrust Laws
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Ruger's Board Has Sought to Engage Constructively with Beretta and Its Leadership and Has Traveled to Europe Multiple Times for Meetings with Beretta
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When Ruger's Board was Unable to Meet Beretta's Demands, Beretta's Leadership Threatened to Launch a "War" and Nominated Four Directors, Including One Who is on the Board of a Beretta Subsidiary
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Ruger's Board Will Continue to Protect Ruger's Stockholders and All Ruger Stakeholders

On February 24, 2026, Sturm, Ruger & Company, Inc. (NYSE: RGR) ("Ruger" or the "Company") received a notice from Beretta Holding S.A. ("Beretta") stating Beretta's intention to nominate four candidates for election to Ruger's Board of Directors at the Company's 2026 Annual Meeting of Stockholders. The Company, in consultation with its advisors, is reviewing the notice in accordance with Ruger's established procedures and applicable law. To date, Ruger has not publicly responded to... more