Declaration of Voting Results by Sturm Ruger & Co., Inc
June 02, 2023 at 10:34 am EDT
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On June 2, 2023, Sturm Ruger & Co., Inc. announced that, it held its annual general meeting of shareholders on June 1, 2023 and declared voting results. Accordingly, a shareholder proposal submitted by CommonSpirit Health to require the Company to assess whether the Company's advertising and marketing practices may pose financial and/or reputational risks and withhold support from director nominees Ronald C. Whitaker, Sandra S. Froman and Phillip C. Widman were not approved by the shareholders of the Company.
Sturm, Ruger & Company, Inc. is principally engaged in the design, manufacture, and sale of firearms to domestic customers. The Company operates through two segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a number of federally-licensed, independent wholesale distributors primarily located in the United States. The castings segment manufactures and sells steel investment castings and metal injection molding parts. The Company primarily manufactures firearm products, under the Ruger name and trademark. It also manufactures and sells accessories and replacement parts for its firearms. In addition, the Company manufactures lever-action rifles under the Marlin name and trademark. Its firearms products are sold through a select number of independent wholesale distributors, principally to the commercial sporting market. Its design and manufacturing operations are located in the United States.
STURM, RUGER & COMPANY, INC. 
