Packers stock sale underway; $300 shares to support Lambeau Field projects –

The Green Bay Packers, with its unique public ownership structure, today launched the organization’s sixth stock offering, with shares priced at $300. Money raised from the offering will go toward ongoing construction projects at Lambeau Field, including new video boards and concourse upgrades.
“We’re excited to offer shares for just the sixth time in our franchise’s history,” said Packers President/CEO Mark Murphy. “Since we received permission from the NFL last month for a stock offering, fans have been excited. Their support is a key component of our ability to invest in Lambeau Field and maintain it as a top-tier sporting experience, which in turn contributes to the continued success of the franchise.
“It’s been 10 years since our last offering and we’ve been asked regularly by fans when the next opportunity will take place to become an owner of the Packers. For them and our next generation of fans who are ready, we’re very pleased to welcome our newest shareholders.”
The offering document and purchasing information are available online at Interested fans are encouraged to go online to view the offering document and make a purchase, as it is the most efficient method. Credit and debit cards (most major cards) and electronic bank transfers can be used online. For those without internet access, a toll-free number – 833 OWN PACK (833-696-7225) – is available to request documents by mail for transactions to then be completed by mail. The subscription agent for the offering is Equiniti Trust Company.
The Packers have had five prior stock sales in their history. They took place in 1923, 1935, 1950, 1997 and 2011.
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. That project was completed in 2013. 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.
Following is a list of details currently available:
In connection with the offering, interested fans should note:
Regulatory steps remain