If you have a varnish finish then Citri-strip is a very good way of removing the old finish. I prefer to use a scraper - I have a small industrial knife with a curved blade and very sharp point that is my main tool for old finish removal.
As for dent removal - once you go down that path you have destroyed the history of the stock. I prefer to clean around these areas , only raise the worst ones , and treat the rest of them as history to be admired.
But its your rifle so do what makes you happy. Akaroa's suggestion of trialing an old shitter stock is a very good one , worth considering
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