PWT36
  • PWT36
  • Member Topic Starter
13 years ago
The Green Bay Packers today announced preliminary details for the organization’s upcoming stock offering, just the fifth in its 92-year history, which will commence on Dec. 6 at 8 a.m. CST.

More information, including the formal offering document, will be available when the offering commences. Interested fans will be able to access the full information online at www.Packers.com.

“We appreciate the interest that fans have expressed in our fifth stock offering,” said Packers President/CEO Mark Murphy. “We are not yet in a position to fully discuss the offering. However, this information will answer some of the initial questions that we’ve received. We look forward to formally launching the offering next week.

“We ask fans to look for details Dec. 6 on Packers.com.”

Following is a list of details currently available:
•The price per share will be $250, and there will be a handling charge.
•The offering will be limited to persons in the United States, as well as Guam, Puerto Rico and the U.S. Virgin Islands.
•Until regulators in the states of New Hampshire and Virginia allow the offering to proceed in those states, residents of those states will not be able to purchase shares.
•Shares will be able to be purchased online with credit or debit cards, and also via mail.
•Only individuals (including spouses as joint tenants) will be able to purchase shares.
•The Packers will initially offer 250,000 shares.
•No one may buy more than 200 shares (counting any shares that the person purchased in the 1997-1998 offering).
•The offering will continue until Feb. 29, 2012, subject to extension.

In contemplation of the offering, interested fans should note:
•Stock in the Packers does not constitute an investment in “stock” in the common sense of the term.
•The Packers will have no obligation to repay the amount a buyer pays to purchase 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.
•The Packers believe offerees and purchasers of Packers stock will not receive the protection of securities laws with respect to any offering or sale of Packers stock.
•The Packers bylaws and NFL rules severely restrict transfers of Packers stock.
GermanGilbert
13 years ago


•The offering will be limited to persons in the United States, as well as Guam, Puerto Rico and the U.S. Virgin Islands.

Originally Posted by: PWT36 



[wallme] 👎

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Rockmolder
13 years ago
This looks like a solid investment.

I actually wanted to give all my money to Coca Cola, but they just won't take it. This multi-million revenue machine seems like the 2nd best option to just give my money to so they can make a bigger profit.
GermanGilbert
13 years ago

This looks like a solid investment.

I actually wanted to give all my money to Coca Cola, but they just won't take it. This multi-million revenue machine seems like the 2nd best option to just give my money to so they can make a bigger profit.

Originally Posted by: Rockmolder 



Hard to believe, that someone can consider a Packers share as an investment.

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DoddPower
13 years ago
I'd like to have the certificate, but I'm not spending (wasting?) $250 on such a thing. Perhaps if I was a little better off financially, but since that's not the case I'll pass.
13 years ago
I don't like the 200 share limit. Can't spend more than $50,000.

Some people will not be getting shares from me for Christmas.
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vikesrule
13 years ago
I am sensing something familiar in the force...something quite tangible.

1997
Green Bay Packers are reigning Superbowl Champions
Green Bay Packers are being led by an outstanding 27 year old quarterback
Green Packers are highly favored to win the next Super Bowl
Green Bay Packers announce stock sale
Green Packers lose next Superbowl

2011
Green Bay Packers are reigning Superbowl Champions
Green Bay Packers are being led by an outstanding 27 year old quarterback
Green Packers are highly favored to win the next Super Bowl
Green Bay Packers announce stock sale
Green Packers....deja vu all over again



Coincidence....Hmmmm. 🤔
SINCITYCHEEZE
13 years ago
Whats the over/under on how many minutes it takes to crash the order site from the avalanche of orders?
Wisconsin Born, Packer Bred
UserPostedImage
Zero2Cool
13 years ago
Maybe we should start a collection for PackersHome.com to own a share. 😉
UserPostedImage
macbob
13 years ago

•Until regulators in the states of New Hampshire and Virginia allow the offering to proceed in those states, residents of those states will not be able to purchase shares.

Originally Posted by: PWT36 




Crap! Was thinking of making my son a Packers owner as a Christmas present. 🤤

I'm going to have to track down those regulators... [boxing] [boxing] [boxing]
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