Packers Extend, Increase Stock Sale

With the initial offering of 250,000 shares almost exhausted, the team has made another 30,000 available, it announced on Tuesday.

The Green Bay Packers have sold almost all of the 250,000 shares alloted for this, the fifth stock sale in franchise history, and to cash in on the remarkable interest, the team announced on tuesday that it's expanding the offering by 30,000 shares.

The offering will continue until Feb. 29, 2012, or until all 280,000 shares are sold, whichever comes first.

"The support from our fans has been outstanding and we appreciate their enthusiasm," said Packers President/CEO Mark Murphy. "We continue to receive interest in the offering, and this increase in the number of available shares will help ensure that we are able to accommodate all those who want to become shareholders."

Proceeds from the offering will go toward the expansion of Lambeau Field, a $143 million project that includes 6,700 seats and new videoboards and will be complete for the 2013 season. Other financing components include a traditional loan and possible NFL funding.

The offering document and purchasing information are available online at Fans interested in purchasing shares are encouraged to go online to view the document and make a purchase, as it is the most efficient method. Credit and debit cards (Visa, MasterCard and American Express) can be used online. For those without internet access, a toll-free number – 855 8-GO PACK (855-846-7225) – is available to request the offering document by mail for transactions to then be completed by mail.

For new shareholders who have questions about their ownership, Wells Fargo Shareowner Services is available at 800-891-2981, Monday through Friday from 7 a.m. to 7 p.m., CST.

Packer Report Top Stories