No Changes to Ruger Firearms Manufacturing, Despite Shareholder Proposal

Ruger Corporate Brand Video
Please see www.Ruger.com/Brand for a video that shows who we are and who will continue to be.

USA – -(Ammoland.com)- At the recent Annual Meeting of the Ruger Stockholders, a shareholder’s activist proposal – a thinly disguised call for gun control – was passed despite a recommendation against passage from the Ruger Board of Directors. Below is Ruger’s formal response to the resolution.

Please understand that Ruger was obligated by applicable law to include a shareholder’s activist resolution [, to track and report on gun violence,] with its proxy materials for a shareholder vote.

With its passage, the proposal requires Ruger to prepare a report. That’s it. A report. What the proposal does not do . . . and cannot do . . . is force us to change our business, which is lawful and constitutionally protected. What it does not do . . . and cannot do . . . is force us to adopt misguided principles created by groups who do not own guns, know nothing about our business, and frankly would rather see us out of business.

As our CEO explained, “we are Americans who work together to produce rugged, reliable, innovative and affordable firearms for responsible citizens. We are staunch supporters of the Second Amendment not because we make firearms, but because we cherish the rights conferred by it. We understand the importance of those rights and, as importantly, recognize that allowing our constitutionally protected freedoms to be eroded for the sake of political expediency is the wrong approach for our Company, for our industry, for our customers, and for our country. We are arms makers for responsible citizens and I want to assure our long-term shareholders and loyal customers that we have no intention of changing that.”

Please see www.Ruger.com/Brand for a video that shows who we are and who will continue to be.

Ruger Firearms

About Ruger:

Sturm, Ruger & Co., Inc. is one of the nation's leading manufacturers of rugged, reliable firearms for the commercial sporting market. As a full-line manufacturer of American-made firearms, Ruger offers consumers over 400 variations of more than 30 product lines. For more than 60 years, Ruger has been a model of corporate and community responsibility. Our motto, “Arms Makers for Responsible Citizens®,” echoes the importance of these principles as we work hard to deliver quality and innovative firearms.

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    BOB DAL POLOrichVirgil FergusonJoe Recent comment authors
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    BOB DAL POLO
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    BOB DAL POLO

    I bought a bisley vaquero 45 colt ser# 513- –427 birth-date this last april 2018 and was shipped to my gun shop in Michigan in may 2018. the gun”s function and fit was so bad, i was wanting to send it back but they had a no return on ammo or firearms. Knowing ruger arms would take care of this matter i took gun home feeling so so. after sending gun back to ruger”s service dept going on my third time asking for a new one i sold it. ruger service had replaced every thing but the frame. that’s my… Read more »

    rich
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    rich

    Ruger, its time to buy back some of your stock from the C.H.I. Like you said, these people know very little or nothing about the business their only interest is politically correct. These people are the first to scream when THEIR LIBERTIES are taken away. To lose the second amendment than their LIBERTIES WILL SURELY WILL BE TAKEN AWAY.

    Virgil Ferguson
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    Virgil Ferguson

    No, Ruger’s CEO is not an idiot, but Joe certainly is .

    Joe
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    Joe

    Is their CEO an idiot? Their religious nuts certainly are. The shareholders can force the company to do whatever they want as long as they have enough votes. They can fire the CEO and replace him with an anti-gun person whenever they want as long as they give him a multi-million by-out. Ruger has always come down on the side of anti-gunners. I’m curious as to what other brands the Ruger parent company owns so I can stop buying them.