USAT: Packers Wire audio clip

USAT: Packers Wire

Mar 10, 2022

The Green Bay Packers sold almost 200,000 stocks during the franchise’s sixth-ever stock offering, the team announced Thursday. The proceeds from the sale amounted to $65.8 million, which will be used by the Packers to upgrade Lambeau Field. - According to the team, the publicly-owned Packers now have 537,000 shareholders. The stock sale ended on Feb. 25. - The team plans to use the money raised to upgrade the concourse and upgrade the video boards at Lambeau Field. - From Packers president Mark Murphy: “We were very pleased with the enthusiastic response from our fans during the recent stock offering. 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. Maintaining our stadium as a top-tier facility that serves as a year-round destination contributes to the sustained success of both the franchise and our community.” - The stock sale was the team’s first since 2011. - The Packers use the offerings to invest in improvements for Lambeau Field and the surrounding areas. Stocks were sold at $300 apiece. - - List - - What's next for Packers after returning Aaron Rodgers and Davante Adams? - - - - - - - - - - - - - - - - - - Email - - - - - Sign up - - - - - - - - Like this article? - Sign up for the Packers Wire email newsletter to get our top stories in your inbox every morning - - - - An error has occured - - - Please re-enter your email address. - - - - - - Thanks for signing up! - - - You'll now receive the top Packers Wire stories each day directly in your inbox.

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