what are the benefits of owning green bay packers stock

What does owning Packers stock get you?

Shareholders receive nothing more than voting rights, an invitation to the corporation's annual meeting, and an opportunity to purchase exclusive shareholder-only merchandise, such as a T-shirt that says you're a Green Bay Packers owner.

Do Green Bay Packers shareholders get paid?

Even though it is referred to as "common stock" in corporate offering documents, a share of Packers stock does not share the same rights traditionally associated with common or preferred stock. It does not include an equity interest, does not pay dividends, cannot be traded, and has no protection under securities law.

Are Packers shares worth anything?

The stock has no underlying value and cannot be traded on open markets. The last time that the publicly owned, nonprofit Wisconsin corporation that owns the Packers sold shares was in 2011. Earlier Packer stock sales were in 1923, 1935, 1950 and 1997.

Do Packers owners get dividends?

Stock in the Packers is not a financial investment. It does not pay dividends and cannot be resold. Shareholders do have the right to vote for directors and other items during the team's annual meeting in July.

Can I sell my Packers stock?

“You can't sell your shares, they pay no dividends and they only can be transferred to immediate family,” he said.

How do you become a shareholder of the Green Bay Packers?

Only individuals (including spouses as joint tenants) are able to purchase shares; individuals can purchase shares as a gift for other individuals. The Packers are offering 300,000 shares. No one may buy more than 200 shares (counting any shares that the person purchased in the 1997-1998 and 2011-2012 offerings).

When did the Packers get grandfathered into the NFL?

More stock offerings happened in 1935, 1950, 1997, and 2011. The Packers were grandfathered into the NFL with this unique ownership system, despite it clashing with ownership limitations placed on all new teams. In the 1980s, the NFL made the limits even more stifling.

What was the shortcoming of the 1923 Packers?

In 1923, the Packers had one shortcoming — they were broke. On the verge of collapse, the team took advantage of their 1911 founding date and a quirk in the NFL bylaws. With no hope of finding a friendly investor to buy the team, they went with the most dedicated revenue source possible — their fans.

Is the Green Bay Packers worthless?

Why Green Bay Packers Shares Are Totally Worthless. To say the Green Bay Packers are an outlier in American sports is something of an understatement. The Wisconsin squad represents the only publicly-owned, non-profit team in a major sports league in the United States.

Can non profit organizations enter the NFL?

Public, non-profit organizations aren’t allowed to enter the NFL. While that seems mean-spirited, it’s also worth noting that Packers fans have little to gain themselves from owning a piece of the team. Packers stock is functionally worthless. The Packers label their slivers of ownership “common stock.”.

Is the Packers stock worthless?

Packers stock is functionally worthless. The Packers label their slivers of ownership “common stock.”. It pays out no dividends. No equity interest. No ability to trade it. It’s largely a gesture from fans towards the team, a vote of confidence. That isn’t to say that there are no perks at all.

How many stock sales did the Packers have?

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

How to contact packers shareholder services?

Shareholder Services can be reached via phone at 855-8GO-PACK (855-846-7225) or email at [email protected]. Information is also online at packersowner.com. MISC.

When is the last day to order 2020 Packers collectibles?

For more information, please visit the Lambeau Field Atrium on the day of the Shareholder meeting, or click here to order online: Shareholder Collectible . Last date to order is July 26, 2021 .

When is Packers 2021 meeting?

The 2021 Annual Meeting of Shareholders will be held Monday, July 26, at 11 a.m. in Lambeau Field. Shareholders should receive their meeting materials by mid- to late-June. As pandemic conditions continue to change, any COVID-19 protocols for the meeting will be finalized and posted on packers.com and packersowner.com as the meeting date nears.

Is Green Bay Packers a nonprofit?

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.

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