Moment 66 Stock Sale Success

Stock Sale Success
Photo credit: Green Bay Press-Gazette
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November 13, 1997

The Packers announce their first stock sale since 1950 and raise more than $24 million by March, adding 106,000 new shareholders.

Roughly one-third of that money, $7.8 million, was raised in the first 11 days of the sale, which priced new shares at $200 apiece while giving existing stockholders a 100,000-to-1 split on their original shares.

Proceeds were designated to support the Lambeau Field redevelopment project, and shares were purchased by citizens in all 50 states, plus Guam and the U.S. Virgin Islands. More than half of the shares (53.6 percent) were purchased by Wisconsin residents.
  • Stock Sale Success
    Photo credit: Green Bay Press-Gazette
  • Stock Sale Success
    Photo credit: unknown