Ruger doing Ruger things, Bill would be proud
- Thread starter Edwardteach72
- Start date
kev74
20×102mm Vulcan
Ruger got screwed by activist shareholders.
Ruger Responds to Successful 'Gun Safety' Shareholder Vote - The Truth About Guns
Ruger Responds to Successful 'Gun Safety' Shareholder Vote - The Truth About Guns
Marine Cpl
.577 Tyrannosaur.
Well, I will put up with them since they are innovators in firearms.
This is what happens when a Family company is made public.
Don't want the input of shareholders? Stay a private company!
Don't want the input of shareholders? Stay a private company!
kev74
20×102mm Vulcan
This is what happens when subversive, leftist, scumbag nuns come up with new and innovative ways to forward their agendas and destroy industry.
@thewheels
.308 Win
Good to see they gave Dicks and F&S the finger.
oc shooter
.223 Rem
not a big fan of Ruger anyway so no comment
nortatoga
.338 Win Mag
No Changes to What Ruger Makes and Sells to Law Abiding Citizens, Despite Shareholder Proposal
G&A Staff May 9th, 2018 | More From G&A Staff
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 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.
Read more: http://www.gunsandammo.com/news/no-...s-despite-shareholder-proposal/#ixzz5F7ZzQTrg
Another statement! So just what did they do wrong?
G&A Staff May 9th, 2018 | More From G&A Staff
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.”
Please see www.Ruger.com/Brand for a video that shows who we are and who will continue to be.
Read more: http://www.gunsandammo.com/news/no-...s-despite-shareholder-proposal/#ixzz5F7ZzQTrg
Another statement! So just what did they do wrong?
BDinPutnam
.475 A&M Magnum
I voted no. Of course, I only own like ten shares so see where that got me.
Saltwater60
20×102mm Vulcan
I don’t get it. You don’t like guns don’t be a shareholder in a gun company. I’m smart, but I think others could figure that out too.
BDinPutnam
.475 A&M Magnum
They *are* being smart. They are trying to control the company.
Acer-m14
20×102mm Vulcan
where is the list of other company's these shareholders own and we can boycott and flame them from the flanks and rear ..
I believe nuns would be part of the church.......
nortatoga
.338 Win Mag
This is from another post (last paragraph)
The group of activists has introduced a similar resolution at American Outdoor Brands, the parent company of Smith & Wesson, set for consideration in September.
TAGS STURM RUGER & CO. GUN VIOLENCE SHAREHOLDERS
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