The offering of Packers stock is made only through the offering document.Anyone considering the purchase of Packers stock should not purchase the stock to make a profit or to receive a dividend or tax deduction or any other economic benefits.The Packers will have no obligation to repay the amount a buyer pays to purchase Packers stock. ![]() Stock in the Packers does not constitute an investment in "stock" in the common sense of the term.25, 2022, subject to extension, or until fully subscribed. No one may buy more than 200 shares (counting any shares that the person purchased in the 12 offerings).The Packers are offering 300,000 shares.Only individuals (including spouses as joint tenants) are able to purchase shares individuals can purchase shares as a gift for other individuals.In the U.S., shares can also be purchased by mail with personal check or cashier’s check. Shares can be purchased online with credit cards, debit cards, or electronic bank transfers.The offering currently is limited to persons in the 50 United States and Washington D.C., as well as Guam, Puerto Rico, the U.S.The price per share is US$300, and there will be a handling fee.transactions may be completed by mail, payable with personal check or cashier’s check. The subscription agent for the offering is Equiniti Trust Company.įREE DOWNLOAD: Get breaking news alerts in the FOX6 News app for iOS or Android. transactions, individuals without internet access can request documents by mail through a toll-free number – 833 OWN PACK (83) – is available to request documents by mail. Interested fans are encouraged to go online to view the offering document and make a purchase, as it is the most efficient method.Ĭredit and debit cards (most major cards) and electronic bank transfers can be used online. The offering documents and purchasing information for the U.S. Only individuals (including spouses as joint tenants) are able to purchase shares individuals can purchase shares as a gift for other individuals. The 1997 sale, with shares priced at $200, added 105,989 new shareholders and raised more than $24 million, which was used for the Lambeau Field redevelopment project completed in 2003. The 2011 sale, with shares priced at $250, added more than 250,000 new shareholders and raised $67.4 million toward a new entrance tower and viewing platform in the north end zone and an expansion that added roughly 6,600 seats to the south end zone. The Packers have had five prior stock sales in their history. Shares cost $250 each during the December 2011 sale, which accounted for about 269,000 additional shares and raised more than $67 million.SIGN UP TODAY: Get daily headlines, breaking news emails from FOX6 News The 1997 sale helped pay for the 2003 renovation of Lambeau Field and the 2011 sale contributed to more renovations, as will this sale. The first three sales bailed the team out of dire financial straits. The team has 361,300 shareholders who collectively own about 5,009,400 shares. "I’ve been a Green Bay Packers fan since I was child because of my father's love for the Packers." "That’s the reason I would love to buy a share, is for my father," said Justin Salazar of Rio Hondo, Texas. Shareholders get to vote for Packers board directors and certain other motions at the annual shareholders meeting in July.įans understand going in the limitations of their purchase, so they are not motivated by financial gain. ![]() Packers stock cannot be sold and it does not pay dividends. RELATED: Do you know a diehard Packers fan? The Packers FAN Hall of Fame is now accepting nominations for its 2022 honoree RELATED: Aaron Rodgers' endorsement partners are mostly silent on his COVID controversy, a sign they're likely taking a wait-and-see approach Individuals are limited to 200 shares, including any shares acquired in the 19 sales. Purchases by mail can be paid for by personal check or cashier's check. Payment can be made for online purchase at by credit card, debit card or electronic bank transfer. My kids are Packers fans because of me," Eric Devonis said Monday. ![]() "I want to buy a share because I'm a diehard packers fan from Rhode Island, in the middle of Patriots fans. The Packers are the only team to which the rule applies because they are the only publicly owned team.įan interest in owning Packers stock remains high. The money cannot be used for operating expenses or to expand player facilities. The NFL requires money raised by a stock sale to be used only for stadium projects that are beneficial to fans. Green Bay Packers annual shareholders meeting attendees applaud during the event on July 26, 2021, at Lambeau Field in Green Bay, Wis.
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