STURM, RUGER & COMPANY, INC. (NYSE:RGR) Files An 8-K Other Events
Item 8.01
| Other Events |
On January 4, 2017, Sturm, Ruger Company, Inc. (the Company)
issued a press release announcing that during the fourth quarter
of 2016 the Company repurchased a total of 283,343 shares of its
common stock in open market transactions at an aggregate cost of
$14.0 million. A copy of the press release is furnished as
Exhibit99.1 to the Current Report on Form 8-K and incorporated
herein by reference.
| Item 9.01 | Financial Statements and Exhibits |
| Exhibit No. | Description |
| 99.1 |
Press release of Sturm, Ruger Company, Inc. dated January 4, 2017, announcing the repurchase of 283,343 shares of its common stock in the open market. |
About STURM, RUGER & COMPANY, INC. (NYSE:RGR)
Sturm, Ruger & Company, Inc. and subsidiary, is engaged in the design, manufacture and sale of firearms to domestic customers. The Company operates through two segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols and revolvers to a range of federally licensed, independent wholesale distributors located in the United States. The castings segment manufactures and sells steel investment castings, and metal injection molding parts. Its castings segment provides castings and MIM parts for the Company’s firearms segment. In addition, the castings segment produces some products for various customers in a range of industries. It offers products in three industry product categories: rifles, pistols and revolvers. Its firearms are sold through independent wholesale distributors to the commercial sporting market. It manufactures and sells investment castings made from steel alloys and metal injection molding parts for internal use in the firearms segment. STURM, RUGER & COMPANY, INC. (NYSE:RGR) Recent Trading Information
STURM, RUGER & COMPANY, INC. (NYSE:RGR) closed its last trading session up +1.05 at 53.95 with 382,007 shares trading hands.
