Can I purchase Green Bay Packers stock?
Can I purchase Green Bay Packers stock?
Shares can be bought online with credit or debit cards or with electronic bank transfers. Any U.S. buyers who want to receive the documents by mail and purchase shares with a cashier’s or personal check can call 833-OWN-PACK (833-696-7225).
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.)
What does owning Packers stock get you?
Shareholders receive nothing more than voting rights, an invitation to the corporation’s annual meeting, and an opportunity to purchase exclusive shareholder-only merchandise, such as a T-shirt that says you’re a Green Bay Packers owner.
Does Packers stock have value?
The stock has no underlying value and cannot be traded on open markets. The last time that the publicly owned, nonprofit Wisconsin corporation that owns the Packers sold shares was in 2011. Earlier Packer stock sales were in 1923, 1935, 1950 and 1997.
The Packers have been a publicly owned, non-profit corporation since August 18, 1923. The corporation currently has approximately 361,300 stockholders, who collectively own 5,011,558 shares of stock following the fifth stock sale in 2011. There have been six stock sales, in 1923, 1935, 1950, 1997, 2011, and 2021.
Packers stock does not pay out dividends, does not provide a say in the team’s direction and can only be transferred in highly restricted situations. “The Packers will have no obligation to repay the amount a buyer pays to purchase Packers stock,” the team advised potential investors.
Who is the Green Bay Packers’ biggest shareholder? No one is allowed to hold more than 200,000 shares. However, Michael Gage, the Green Bay Press-Gazette publisher was said to be the largest stockholder at the time of his death, back in 2013, Fox Sports reported.
How do you become an owner of the Green Bay Packers?
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).
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.
Where do Packers profits go?
It’s either reinvested in the company or its paid out to stockholders in the form of dividends. Given that the Packers can’t really expand beyond the operations of a single football franchise, and given that the so-called owners will never receive a dividend, it’s an interesting question.
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