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Beretta Holding Announces Oversubscription of Sturm, Ruger & Co. Tender Offer

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Beretta Holding said Ruger investors offered 3,589,647 shares after the buy expired at midnight on 15 October Eastern time, well above the 2,400,184 shares it had sought. A preliminary proration near 38.45 percent is expected once the depositary finishes its count and guaranteed deliveries arrive. Those shares will be taken at 44.80 dollars each, lifting Beretta to 25 percent ownership after Ruger dropped its earlier rights plan. Ruger stock rose 1.2 percent to 41.88 dollars. The family-owned group, with more than 50 firms, nearly 6,000 staff and over 1.88 billion dollars in 2025 sales, called the stake its first in a listed company and a means to deepen its U.S. footprint while aiding Ruger abroad.

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