Item 5. Market for Registrant’s Common Equity
ITEM 5—
MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
The Company’s common stock is traded on the
New York Stock Exchange under the symbol “RGR.” At February 10, 2023, the Company had 1,826 stockholders of record.
Issuer Repurchase of Equity Securities
In 2022 the Company repurchased shares of its common
stock. In 2020 and 2021, the Company did not repurchase any shares of its common stock. Details of the purchases in 2022 follow:
Period
Total
Number of
Shares
Purchased
Average
Price Paid
per Share
Total
Number of
Shares
Purchased
as Part of
Publicly
Announced
Program
Maximum
Dollar
Value of
Shares that
May Yet Be
Purchased
Under the
Program
Third Quarter 2022
July 3 to July 30
—
—
—
July 31 to August 27
—
—
—
August 28 to October 1
2,136
$ 49.97
2,136
Fourth Quarter 2022
October 2 to October 29
—
—
—
October 30 to November 26
2,304
$ 49.77
2,304
November 27 to December 31
—
—
—
Total
4,440
$ 49.87
4,440
$ 86,490,000
All of these purchases were made with cash held by
the Company and no debt was incurred.
At December 31, 2022 approximately $86.5 million remained
authorized for share repurchases.
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Comparison of Five-Year Cumulative Total Return*
Sturm, Ruger & Co., Inc., Standard & Poor’s 500, Dow Jones US Recreational Products
TSM Index, Recreation, and Russell 2000 Index
(Performance Results Through 12/31/22)
2017
2018
2019
2020
2021
2022
Sturm, Ruger & Company, Inc.
100.00
97.15
87.30
131.09
143.24
120.97
Standard & Poors 500
100.00
95.62
125.72
148.85
191.58
156.89
Russell 2000 Index
100.00
88.99
111.70
134.00
153.85
122.41
Dow Jones US Recreational Products TSM
100.00
70.31
99.63
134.26
175.68
115.37
Recreation
100.00
82.25
102.86
111.23
104.15
63.34
For the year ended December 31, 2022, the Company has provided the five
year cumulative total return results for the Dow Jones US Recreational Products Index, a widely-published index tracking companies that
provide recreational products, along with those of the Recreation index formerly used by the Company, which is comprised of companies
in the broader recreation industry and was prepared by a former service provider of the Company that is no longer providing cumulative
total return calculations. The five year results for both the former Recreation index and the Dow Jones US Recreational Products Index
are presented above.
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ITEM 6—[RESERVED]
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.