The last time the team sold stock was in 1997. At the time, the Packers were approved to sell more than 400,000 shares, but only sold 120,010 shares.
They plan on selling some of the remaining shares in this sale. Although they haven’t specified an exact number, the Packers are expected to make more than 100,000 shares available.
It’s likely each share will sell for $200, which is the same price they cost in 1997.
The expansion project is scheduled to be completed before the 2013 season. It will add 6,600 new seats to the stadium.
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