What do you get as a Packers shareholder?
Shareholders receive nothing more than voting rights, an invitation to the corporation’s annual meeting, and an opportunity to purchase exclusive shareholder-only merchandise. Shares cannot be resold, except back to the team for a fraction of the original price.
Can I sell Packers stock?
The offering of Packers stock is made only through the offering document. The Packers believe offerees and purchasers of Packers stock will not receive the protection of securities laws with respect to the offering or sale of Packers stock. The Packers bylaws and NFL rules severely restrict transfers of Packers stock.
Who are the stockholders of the Green Bay Packers?
The Green Bay Packers are the only community-owned team in the major league in the US. Instead of having one owner or a small group of owners, they are owned by thousands of fans – 360,584 stockholders to be exact.
Including previous offerings, the organization now has more than 537,000 shareholders. Approximately $65.8 million was raised during the offering, with net proceeds going toward ongoing construction projects at Lambeau Field, including new video boards and concourse upgrades.
The shareholders’ official rings for men and women feature several elements of the club’s Super Bowl ring, including an exclusive brand on the crown. Personalization options are also available in a variety of metal and stone options.
As of today and for the low price of $250 per share, you can officially purchase part ownership in the Green Bay Packers. Just so you’re prepared, there will be a handling fee. (Someone has to pay for the certificate their going to send you.)
Do you get a certificate if you buy Packers stock?
In essence, if you did purchase one or more of the $250 shares of Packers stock, you essentially have a very expensive piece of paper in the form of a certificate. You cannot sell it or trade it, nor will it make you any money.
The stock is valueless in monetary terms because it pays no dividends, and, in the remote chance that the board and shareholders would vote to sell or dissolve at some distant date, no cash would go to shareholders. All the capital gains would go to the Packers charitable foundation.
Is buying Packers stock worth anything?
The Green Bay Packers $300 stock shares are literally only worth the paper they’re printed on–but for some raving fans, they’re invaluable.
The Packers reported 2,361 purchases were made from Canada. Stock in the Packers is not a financial investment. It does not pay dividends and cannot be resold. Shareholders do have the right to vote for directors and other items during the team’s annual meeting in July.
How do you buy Green Bay Packers ownership?
Only individuals (including spouses as joint tenants) are able to purchase shares; individuals can purchase shares as a gift for other individuals. The Packers are offering 300,000 shares. No one may buy more than 200 shares (counting any shares that the person purchased in the 1997-1998 and 2011-2012 offerings).
Who gets profits from Green Bay Packers?
The Packers reported profit from operations for 2019-2020 of $70.3 million. Total revenue and profit from operations, rather than net income, are the more significant number in Packers’ finances because all money, whether profit or not, goes into team operations or the community. Packers stock does not pay dividends.
Do Packers stock holders get Super Bowl rings?
The Packers are reportedly preparing rings that fans, shareholders and season ticket holders can purchase. That and more in today’s Daily Links… News was released that Jostens will create the rings for the Packers’ victory in Super Bowl XLV.
How long does it take to get Packers stock certificate?
Interested Shareholders also can learn more about the collectible by calling (855) 846-7225 or emailing shareholderservices@packers.com. Because the documents are validated and personalized, Shareholders are asked to allow at least one to two weeks for delivery.