Beretta Holding proposes tender offer for up to 20% of Ruger shares

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Beretta Holding Sends Letter to the Ruger Board of Directors Regarding All-Cash, Premium Partial Tender Offer

March 25, 2026 8:00 AM EDT

Proposes All-Cash Partial Tender Offer for Up to 20.05% of the Companys Outstanding Shares, Providing Ruger Shareholders an Opportunity for Liquidity at a Significant Premium of Approximately 20% to the 60 Day Average Price

Requests Exemption from Shareholder Rights Plan to Acquire Beneficial Ownership of Up to 30% of the Outstanding Shares of the Company

Believes Increased Ownership Would Establish Strategic Partnership to Improve Rugers Operational and Financial Performance

Underscores 30% Beneficial Ownership Does NOT Amount to De Facto Control

LUXEMBOURG--(BUSINESS WIRE)-- Beretta Holding... More