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Sturm, Ruger & Company, Inc. Announces The Repurchase of 82,100 Shares of Its Common Stock In The First Quarter of 2015

Sturm, Ruger & Company, Inc. (NYSE: RGR) announced today that during the first quarter of 2015 the Company repurchased a total of 82,100 shares of its common stock in open market transactions at an aggregate cost of $2.8 million. The average price per share repurchased was $34.57. These repurchases, which accounted for 0.4% of the outstanding shares of the Company's common stock as of the beginning of the first quarter, were funded with cash on hand.

At the end of the first quarter, $73.2 million remained authorized and available for share repurchases and 18.7 million shares of common stock remained outstanding.