Green Bay Packers Stockholder

http://www.packers.com/community/shareholders.html

Green Bay Packers Inc., has been a publicly owned, nonprofit corporation since Aug. 18, 1923, when original articles of incorporation were filed with Wisconsin’s secretary of state.

One of the more remarkable business stories in American history, the Green Bay Packers organization has been kept viable by its shareholders — its unselfish fans. Even more incredible, the Packers have survived and thrived during the current era, permeated by free agency and the NFL salary cap.

Fans have supported the team financially through five stock sales: 1923, 1935, 1950, 1997 and 2011.

Today, 360,584 people (representing 5,011,557 shares) are owners of the iconic franchise.

The organization’s fifth stock offering, which ended Feb. 29, 2012, was a tremendous success with more than 250,000 new shareholders becoming owners. For the first time in a Packers stock offering, international sales in Canada were issued for a short while and accounted for approximately 2,000 shares.

More than 269,000 shares were sold during the offering that began Dec. 6, 2011.

All proceeds from the offering supported the expansion of Lambeau Field, a $146-million project that included a new distributed-audio sound system (2011), two new HD video boards and a new Bellin Health Gate on the north end of the stadium (2012), and approximately 7,000 additional seats in the south end zone served by the Shopko Gate (2013).  To protect against someone taking control of the team, the articles of incorporation prohibit any person from owning more than 200,000 shares.

The corporation is governed by a board of directors and a seven-member executive committee.

Shareholders do not receive any dividend on the investment.

For information on shareholder history, please click here.