Sturm, Ruger & Company, Inc. (NYSE: RGR) announced on September 16, 2026, that it has terminated its shareholder rights plan, also known as a poison pill. The termination follows the unanimous approval of the company's Board of Directors to amend the plan, accelerating its expiration date from October 13, 2026, to September 16, 2026.
The amendment was executed by the Company and Computershare Trust Company, N.A., acting as the rights agent. The Board determined that an active rights plan is no longer necessary to serve the best interests of the shareholders, citing the company's current circumstances.
This move is part of the natural next steps outlined in a previously announced Strategic Cooperation Agreement with Beretta Holding S.A. The terms of the Beretta Holding agreement remain unchanged. Shareholders are not required to take any action in connection with the expiration of the rights plan.
The termination of the rights plan means that all rights distributed to holders of the company's common stock will expire at the close of business on September 16, 2026.
