Thanks I had read that they were allowed to have UP to 25% but didn't know they now have that much
Slightly over 25% of Sturm, Ruger & Co. stock is now held by Beretta after their finalizing an oversubscribed cash tender offer in October 2026 at
$44.80 per share. Following an initial minority stake and a strategic cooperation agreement, Beretta became Ruger's largest shareholder. [
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Previously Beretta Holding, the Luxembourg-based corporate parent of Beretta and numerous other firearm and outdoor brands, began buying Ruger stock in 2025 and, by March 2026,
reported owning 1,587,000 shares.
At that time it represented 9.95% of Ruger’s outstanding stock and made Beretta the company’s largest shareholder.
In May, the two companies reached a partnership agreement.
In connection with this increased investment, Beretta Holding will have the right to nominate up to two independent Ruger directors.
Now they recently purchased another 2,400,184 Ruger Shares.
Oct. 20, 2026 /PRNewswire/ -- Beretta Holding S.A. ("Beretta Holding") announced today the final 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 (the "Tender Offer"). Based on the final count by the depositary for the Tender Offer, a total of 6,094,325 remaining Shares were validly tendered and not properly withdrawn.
After this Ruger started to increase the downsizing of their inventory and model lineup.