0001174947-17-000022.txt : 20170104 0001174947-17-000022.hdr.sgml : 20170104 20170104170030 ACCESSION NUMBER: 0001174947-17-000022 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20170104 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170104 DATE AS OF CHANGE: 20170104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STURM RUGER & CO INC CENTRAL INDEX KEY: 0000095029 STANDARD INDUSTRIAL CLASSIFICATION: ORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) [3480] IRS NUMBER: 060633559 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10435 FILM NUMBER: 17506646 BUSINESS ADDRESS: STREET 1: 1 LACEY PLACE CITY: SOUTHPORT STATE: CT ZIP: 06490 BUSINESS PHONE: 2032597843 MAIL ADDRESS: STREET 2: 1 LACEY PLACE CITY: SOUTHPORT STATE: CT ZIP: 06490 8-K 1 form8k-16943_rgr.htm 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

 

Date of Report (Date of earliest event reported)

January 4, 2017

 

 

STURM, RUGER & COMPANY, INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

 

DELAWARE

(State or Other Jurisdiction of Incorporation)

001-10435

(Commission File Number)

06-0633559

(IRS Employer Identification Number)

 

 

ONE LACEY PLACE, SOUTHPORT, CONNECTICUT 06890
(Address of Principal Executive Offices) (Zip Code)

 

 

Registrant’s telephone number, including area code (203) 259-7843

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

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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 Exhibit 99.1 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.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

  STURM, RUGER & COMPANY, INC.
       
       
       
       
       
  By: /S/ THOMAS A. DINEEN
    Name: Thomas A. Dineen
    Title: Principal Financial Officer,
      Principal Accounting Officer
      Treasurer and Chief Financial
      Officer

 

Dated: January 4, 2017

 

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EX-99.1 2 ex99-1.htm EX-99.1

EXHIBIT 99.1

 

Ruger-logo_final_lg.jpg

 

Corp_Fifer_Ltrhd_2012.jpg

 

 

 

 

 

 

FOR IMMEDIATE RELEASE

 

 

STURM, RUGER & COMPANY, INC. ANNOUNCES THE REPURCHASE

OF 283,343 SHARES OF ITS COMMON STOCK IN

THE FOURTH QUARTER OF 2016

 

SOUTHPORT, CONNECTICUT, January 4, 2017 - Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today 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. The average price per share repurchased was $49.43. These repurchases, which accounted for 1.5% of the outstanding shares of the Company’s common stock as of the beginning of the fourth quarter, were funded with cash on hand.

At the end of the fourth quarter, $59.0 million remained authorized and available for share repurchases and 18.7 million shares of common stock remained outstanding.

 

 

 

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About Sturm, Ruger

 

Sturm, Ruger & Co., Inc. is one of the nation’s leading manufacturers of rugged, reliable firearms for the commercial sporting market. As a full-line manufacturer of American-made firearms, Ruger offers consumers over 400 variations of more than 30 product lines. For more than 60 years, Ruger has been a model of corporate and community responsibility. Our motto, “Arms Makers for Responsible Citizens,” echoes the importance of these principles as we work hard to deliver quality and innovative firearms.

 

 

The Company may, from time to time, make forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation, and accounting estimates, any one or more of which could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events.

 

 

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