What do Packers shareholders get?
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.
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.)
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.
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).
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.
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.
Can you make money from Packers stock?
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. Any offering of Packers stock will only be made through an offering document.
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.
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 [email protected]. Because the documents are validated and personalized, Shareholders are asked to allow at least one to two weeks for delivery.
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).
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.
What does it mean to own Packers stock?
The Packers have essentially been able to sell their brand, and the desire to be a part of it, for ridiculous amount of money. You ARE technically now an owner if you bought the stock. You DO have certain (minor) voting rights. And there IS an undeniable “coolness” factor about the whole thing.
What can you do with Packers stock?
Packers stock doesn’t qualify. It doesn’t include an equity interest, pays no dividend and can’t be traded, except for transfers to close relatives. Shares can only be sold back to the team, at a significant discount to the original purchase price.
How big is a Packers stock certificate?
But the Packers saw this coming. At Packersowner.com, where shares are still available after a second allotment of 30,000 was issued in late December, the 12-by-8- inch certificate awarded with each purchase is described as “ideal for framing and display.”
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