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Beretta Holding Sends Letter to Ruger Shareholders Highlighting the Urgent Need for Boardroom Change at Ruger
Beretta Holding, the largest shareholder of Sturm, Ruger & Company with 9.95% ownership, has sent a letter to Ruger shareholders urging boardroom change. The letter cites sustained share price underperformance, rapid operational deterioration Marked by significant margin compression and net income decline, and a lack of alignment due to long-tenured directors holding minimal stock. Beretta Holding is nominating four independent director candidates for the upcoming 2026 Annual Meeting to restore value for all shareholders.