Packers announce stock sale starting Dec. 6
Wisconsin NewsThe Green Bay Packers team will begin its first stock sale in 13 years at 8 a.m. Tuesday, Dec. 6. It will cost $250 a share plus a handling fee for the right to become a National Football League owner.
The Green Bay Packers team will begin its first stock sale in 13 years at 8 a.m. Tuesday, Dec. 6. It will cost $250 a share plus a handling fee for the right to become a National Football League owner.
Only individuals and joint spouses can buy stock – and the limit is 200 shares, including those purchases in the Packers’ last stock sale in 1997 and 1998.
Cheeseheads from throughout the U.S. can buy stock, along with people in Guam, the Virgin Islands, and Puerto Rico. The shares can be purchased online at www.packers.com, or by mail.
The Packers said they would release more information about the sale on its Web site Dec. 6.
Proceeds from the stock sales will help pay for a $143 million renovation of Lambeau Field, the highlighted by 6,600 new seats in the south end zone. New video boards will also be part of the project – and it’s all expected to be finished in time for the 2013 season.
The stock sale is the 5th for the NFL’s only publicly owned team.
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