UPDATE 1-Firearms maker Ceska Zbrojovka considers IPO to fund U.S. expansion [Reuters]
Sturm, Ruger & Company, Inc. (RGR)
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Source: Reuters
Firearms maker Ceska Zbrojovka considers IPO to fund U.S. expansion PRAGUE (Reuters) - Czech firearms maker Ceska Zbrojovka Group (CZG) said on Monday it was considering listing its shares on the Prague Stock Exchange among options to finance its expansion. The company, which makes handguns and rifles, had earlier announced plans to build a production and distribution plant in Little Rock, Arkansas, as part of its plans to expand in the United States and enter the military and law enforcement market. “To secure financing for its growth plans, CZG is currently considering all funding alternatives, including a possible public offering and listing of its shares on the Prague Stock Exchange,” the company said. “No decision in this respect has been made.” CZG reported January-September 2019 sales of 4.9 billion crowns ($216.20 million) and earnings before interest, tax, depreciation and amortisation (EBITDA) of 1.1 billion, up 12% on the year. Net debt stood at 250 million crowns. In 2018,
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- Sturm, Ruger decreases dividend by -42.1% to $0.11/share [Seeking Alpha]Seeking Alpha
RGR
Sec Filings
- 11/13/24 - Form SCHEDULE
- 11/8/24 - Form SC
- 11/6/24 - Form 4
- RGR's page on the SEC website