Wednesday, October 9, 2024
GREEN BAY – The Green Bay Packers’ sixth stock sale, which ended Feb. 25, added 176,160 new shareholders.
While exact totals are not yet available, more than 198,000 shares were sold at $300 each during the offering that began Nov. 16.
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.
“We were pleased with the enthusiastic response from our fans during the recent stock offering,” Packers President/CEO Mark Murphy said. “We are proud to welcome a new generation of shareholders from across the country and Canada. Their support is a critical component of our ability to continue enhancing the fan experience and investing in Lambeau Field.”
New shareholders joining the ranks include fans in Wisconsin, who accounted for approximately 17% of the shares purchased in the recently completed offering.
Next in order were fans in California (8%), Texas (5%), Illinois (5%), Florida (4%) and New York (3%).
In Canada, Packers fans purchased approximately 3,500 shares.
The Packers’ first five stock sales in their history took place in 1923, 1935, 1950, 1997 and 2011.
