Sturm, Ruger & Company, Inc. Announces the Repurchase
of 133,400 Shares of its Common Stock in
the First Quarter of 2011
April 04, 2011
Sturm, Ruger & Company, Inc. (NYSE-RGR), today announced that during the first quarter of 2011 the Company repurchased 133,400 shares of its common stock for $2.0 million in the open market. The average price per share repurchased was $14.94. These repurchases were funded with cash on hand. At the end of the first quarter of 2011, $8.0 million remains authorized and available for share repurchases and 18.9 million shares remain outstanding.
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