BERETTA HOLDING S.A. ANNOUNCES PRELIMINARY RESULTS OF CASH TENDER OFFER FOR SHARES OF STURM, RUGER & COMPANY, INC.
Beretta Holding announced preliminary results of its cash tender offer to purchase up to 2,400,184 Ruger shares at $44.80 per share, which expired October 15, 2026. The offer was oversubscribed, with 3,589,647 shares validly tendered (excluding 2,652,256 via guaranteed delivery), producing an estimated proration factor of approximately 38.45%. Beretta's Chairman and CEO called the stake its first participation in a publicly listed company and a step toward deeper U.S.
Key figures
- Offering Price
- 44.8
- Shares Offered
- 2400184
- Shares tendered
- 3589647
- Proration factor
- 38.45%
- Tender offer oversubscribed
- Yes
- Shares via guaranteed delivery
- 2652256
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