Shareholders of gun manufacturer Sturm, Ruger & Co.
That would make everyone else’s slice of the RGR pie substantially bigger.
With buyback programs, it’s vitally important to evaluate the net effect on outstanding shares.
Multinational corporations such as Microsoft and Johnson & Johnson are stacking cash so high that they could build structurally sound sky scrapers out of 100 dollar bills, but there’s a problem.
Much of the cash was earned and is stored outside of the USA.
Spoiler Alert: We’re not answering the question in the title, but it’s an interesting thought to ponder. That’s the takeaway message from just about every movie, TV show, and video game in existence.
Whereas in real life, firearms rarely make an appearance, they show up on the screen every few minutes.
Even if the bearer is weak, the possession of a gun makes him/her a powerful figure.
The normalization of guns has a profound psychological impact on prospective customers.
All of it was earned and is stored here in America. From the 2016 annual report, “At December 31, 2016, the Company had cash and cash equivalents of .1 million.” The entire business is valued on the open market at ~6 million.
For every 0 you put into RGR, you buy .11 of cash.
Even slasher films that feature no firearms in their course of horror inspire a viewer to scream inside, “If only she had a gun! Guns in a drama are so ubiquitous and powerful than a drama principle exists called Chekhov’s Gun, one variation of which states, “If in the first act you have hung a pistol on the wall, then in the following one it should be fired. Sturm, Ruger & Company has less debt on its balance sheet than you do, in all likelihood.