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No Changes to What Ruger Makes and Sells to Law Abiding Citizens, Despite Shareholder Proposal
gunsamerica.com ^ | 5/9/2018 | True Pearce

Posted on 05/10/2018 6:51:18 AM PDT by rktman

Editors Note: The following is a statement from Sturm Ruger & Co.

Please understand that Ruger was obligated by applicable law to include a shareholder’s activist resolution 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.”

(Excerpt) Read more at gunsamerica.com ...


TOPICS: Business/Economy; Culture/Society; Philosophy
KEYWORDS: banglist; shareholders
To clarify some rumors running around, here is Ruger's statement about a shareholders "demands". Basically, nothing to see here.
1 posted on 05/10/2018 6:51:18 AM PDT by rktman
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To: rktman

Some of their shareholders need to sell their stocks. @$$holes.


2 posted on 05/10/2018 6:59:29 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you)
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To: Vaquero

Owning one share of stock is sufficient to be able to file proposals like this, activists do it all the time.


3 posted on 05/10/2018 7:12:52 AM PDT by bigbob (Trust Sessions. Trust the Plan.)
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To: Vaquero

Some of their shareholders bought stock just so they could bring these sort of petitions up at stockholder’s meetings.


4 posted on 05/10/2018 7:17:45 AM PDT by Yo-Yo (Is the /sarc tag really necessary?)
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To: rktman

If founder of the company, Bill Ruger, were still alive he might consider sponsoring some anti-gun lobbyists like Dick’s, if that would would make him some extra $$$ and buy his company some temporary safety from government interference like he did the early 1990’s. Never owned a Ruger, never will.


5 posted on 05/10/2018 7:29:40 AM PDT by Lockbar (What would Vlad The Impaler do?)
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To: rktman

Perfect time to buy one of these...

https://www.basspro.com/shop/en/ruger-american-rifle-ranch-450-bushmaster-bolt-action-rifle

A true bear-N-boar stomper.


6 posted on 05/10/2018 7:34:11 AM PDT by Beagle8U (Liberals can kiss my bitter clingers!)
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To: rktman

Ruger Precision Rifle ping.


7 posted on 05/10/2018 7:34:20 AM PDT by DungeonMaster (...the light has come into the world, and men loved darkness rather than light...)
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To: Beagle8U

I’ve been wanting a bolt action 16” scout rifle chambered in 308 and I was looking at the Ruger All American line. But, I saw the Mossberg “MVP” line of equivalent rifles will accept PMAG and M1A magazines and that puts the Mossberg on my wish list.


8 posted on 05/10/2018 7:53:06 AM PDT by circlecity
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To: Vaquero

LOL! Yeah, when I was still working, at nearly every shareholders meeting, some group of nuns would petition the company to quit making military things. But, they didn’t mind the dividends apparently. And, we did NOT divest from making military items.


9 posted on 05/10/2018 8:10:07 AM PDT by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: circlecity

I have one 44 mag that weighs just a hair over...5 lbs!

https://ruger.com/products/77Series7744/specSheets/7402.html

I love it.


10 posted on 05/10/2018 8:14:48 AM PDT by Beagle8U (Liberals can kiss my bitter clingers!)
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To: circlecity

I believe the M77-based Ruger Scout can use the Magpul AICS magazines. Pricier than the Mossberg or the Ruger American, but it does have controlled-round feeding and that big Mauser-style extractor.


11 posted on 05/10/2018 8:26:14 AM PDT by Charles Martel (Progressives are the crab grass in the lawn of life.)
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To: Beagle8U

Sweet. I have a Ruger GP 100 (4”) 357 revolver and it’s my favorite handgun. I mean I used to have one........


12 posted on 05/10/2018 8:28:54 AM PDT by circlecity
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To: rktman
Not all nuns


13 posted on 05/10/2018 8:43:15 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you)
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To: circlecity

The Ruger bolt action with a 18 1/2” barrel 44 mag that only weighs 5 lbs is what sold me.

Anyone that has spent a full day of stalking deer will appreciate a rifle that weighs 5 lbs, and the 44 mag out of a 18 1/2” barrel has the power and flat shooting ability at 125 yds or more to make the perfect deer rifle.


14 posted on 05/10/2018 8:45:20 AM PDT by Beagle8U (Liberals can kiss my bitter clingers!)
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To: Vaquero

A little skeet in the afternoon.


15 posted on 05/10/2018 8:47:00 AM PDT by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: circlecity

They make that rifle in .357 mag too!


16 posted on 05/10/2018 8:48:14 AM PDT by Beagle8U (Liberals can kiss my bitter clingers!)
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To: Beagle8U

Yeah, everyone should own a pistol caliber carbine. I’ve got (or used to have before the boating accident) a Marlin 357 lever action that weighs only around 5 lbs. It’s also a great deer rifle out to about 200 yards.


17 posted on 05/10/2018 9:00:18 AM PDT by circlecity
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To: circlecity

I’ve had bad luck with lever action rifles as far accuracy, so I went with bolt action.


18 posted on 05/10/2018 9:06:09 AM PDT by Beagle8U (Liberals can kiss my bitter clingers!)
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To: Beagle8U

That’s weird. My lever action is one of the most accurate guns I have. It shoots lights out up to 150 yards with iron sights. Maybe farther but my eyes aren’t what they used to be and that’s about as far as they go. I don’t want to put an optic on it.


19 posted on 05/10/2018 9:09:56 AM PDT by circlecity
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To: circlecity

I had a 30-30 Winchester that was lucky to hold a 5” group at 50 yds. brand new.

My grandfather had a 32-40 Winchester that was a tack-driver though.


20 posted on 05/10/2018 9:24:22 AM PDT by Beagle8U (Liberals can kiss my bitter clingers!)
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