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how does stock sale work?

Discussion in 'Packer Fan Forum' started by cupacker, Aug 25, 2011.

  1. cupacker

    cupacker Cheesehead

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    can anyone let me know how a stock sale would work if it does happen? how much would a share be? who can buy one? only 8 years old when the last one happened so have no idea at all lol
     
  2. 13 Times Champs

    13 Times Champs Cheesehead

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    Well as I understand it there are basically two sets of stockholders. There are the initial stockholders(there were four of these initial offerings) and those of us that bought stock when it was offered basically to improve the stadium. There are like 50 of the first stockholders(let's give special homage to them because they kept the Packers afloat) and approximately 105,000 for the rest of us in 1997. The determination of another stock sale will be determined by the Board of Directors which consists of 7 members.

    I'm proud of my one share.
     
  3. YoKramer

    YoKramer Cheesehead

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    If/When they open up shares again I will be buying one no matter what I have to do lol. Always been something Ive wanted.
     
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  4. 13 Times Champs

    13 Times Champs Cheesehead

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    I didn't have two dimes to rub together when I bought mine but best decision I've ever made other than my wife. Doesn't ever pay a dividend but who else can say they are a part owner? The Packers are unique and that makes them special.
     
  5. Powarun

    Powarun Big Bay Blues fan

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    ditto, was just too young when the second one came.
     
  6. 13 Times Champs

    13 Times Champs Cheesehead

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    I think I paid $200 for the share I have. Once again the share price would be determined by the Board of Directors.
     
  7. maccadon3000

    maccadon3000 Cheesehead

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    Will it be well advertised and do they sell out?
     
  8. longtimefan

    longtimefan Super Moderator Staff Member Super Moderator

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    I am sure it will be...

    And I think they will be sold out pretty fast, specially after a SB win
     
  9. maccadon3000

    maccadon3000 Cheesehead

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    Like how fast? 45 minutes fast or 45 days fast?
     
  10. Raptorman

    Raptorman Vikings fan since 1966.

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    Ok, how it worked the last time is they advertised it. You called in for a Package. Once you got the package you filled out some paperwork and mailed it back with your money. They then sent you your stock certificate. I had my paperwork all filled out but had to use my money for bills, otherwise I would have 2 shares.


    (Just the thought of a Viking fan owning stock in the Packers would annoy the hell out of some Packer fans.)
     
  11. longtimefan

    longtimefan Super Moderator Staff Member Super Moderator

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    Hell no...You PAID to help out a REAL team :)
     

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