STURM, RUGER & COMPANY, INC. (NYSE:RGR) Files An 8-K Other Events
Item 8.01
| Other Events |
On April 4, 2017, Sturm, Ruger Company, Inc. (the Company) issued
a press release announcing that during the first quarter of 2017
the Company repurchased a total of 1,074,285 shares of its common
stock in open market transactions at an aggregate cost of $53.4
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 April 4, 2017, announcing the repurchase of 1,074,285 shares of its common stock in the open market. |
About STURM, RUGER & COMPANY, INC. (NYSE:RGR)
Sturm, Ruger & Company, Inc. 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 principally to a range of federally licensed, independent wholesale distributors primarily located in the United States. The castings segment manufactures and sells steel investment castings and metal injection molding (MIM) parts. The Company’s design and manufacturing operations are located in the United States. The Company primarily offers products in three industry product categories: rifles, pistols, and revolvers. The Company’s firearms are sold through independent wholesale distributors, principally to the commercial sporting market. The Company manufactures firearm products under the Ruger name. The Company also manufactures and sells accessories and replacement parts for its firearms. STURM, RUGER & COMPANY, INC. (NYSE:RGR) Recent Trading Information
STURM, RUGER & COMPANY, INC. (NYSE:RGR) closed its last trading session down -2.05 at 53.80 with 816,451 shares trading hands.
