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 5, 2024, the Company had 1,800 stockholders of record.
Issuer Repurchase of Equity Securities
In 2022 and 2023 the Company repurchased shares
of its common stock. In 2021, the Company did not repurchase any shares of its common stock. Details of the purchases in 2022 and 2023
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
—
—
—
Fourth Quarter 2023
—
—
October 1 to October 28
—
October 29 to November 25
179,341
$ 45.20
179,341
November 26 to December 31
84,721
$ 43.67
84,721
Total
268,502
$ 44.79
268,502
$ 74,680,000
All of these purchases were made with cash held
by the Company and no debt was incurred.
At December 31, 2023 approximately $74.7 million
remained authorized for share repurchases.
20
Comparison of Five-Year Cumulative Total Return*
Sturm, Ruger & Co., Inc., Standard & Poor’s 500, Dow Jones US Recreational Products TSM Index, and Russell 2000 Index
(Performance Results Through 12/31/23)
*Assumes $100 invested on 12/31/18 in stock
or index including reinvestment of dividends
2018
2019
2020
2021
2022
2023
Sturm, Ruger & Company, Inc.
100.00
89.86
134.94
147.45
124.52
114.49
Standard & Poors 500
100.00
131.49
155.68
200.37
164.08
207.21
Russell 2000 Index
100.00
125.52
150.58
172.90
137.56
160.85
Dow Jones US Recreational Products TSM
100.00
141.70
190.95
249.86
164.08
202.05
For the year ended December 31, 2023, 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.
ITEM 6—[RESERVED]
21
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.