Green Bay Packers Stock Sale Ends Today
The Packers started selling 280,000 shares of the stock on December 6, and according to the team, as of February 14 they had fewer than 17,000 left.
Each share costs $250, plus a $25 handling fee. The team is hoping the stock sale helps raise a portion of the $130 million needed to cover the costs of renovating Lambeau Field. At last report, the Packers stock sale had raised more than $65 million.
The last time the Packers held a stock sale was in 1997. That year, they put up 400,000 shares for sale for $200 apiece. The team only sold about 120,000, raising $24 million.
The Packers have been a publicly owned team since 1923.
A team spokesperson told the media recently that the February 29 deadline to buy stock will not be extended.
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