GREEN BAY, Wis. (AP) — The Green Bay Packers’ latest stock offering raised $65.8 million and produced 176,160 new shareholders for the NFL’s only publicly owned franchise.
This marked the Packers’ sixth stock offering, and first since 2011.
The Packers sold more than 198,000 shares at $300 each during the offering that began Nov. 16 and ran through Feb. 25. The Packers announced the final totals Thursday and noted they now have more than 537,000 shareholders.
Buying shares in the Packers isn’t a typical stock purchase.
The team has no obligation to repay the amount a buyer pays to purchase stock.