The Green Bay Packers’ fifth stock offering, which ended yesterday (Feb. 29),
was a big hit.
The team doesn’t have exact totals yet, but they issued a release today saying more than 268,000 shares were sold during the offering that started back on Dec. 6, 2011.
Proceeds from the offering, approximately $67 million, will go toward the expansion of Lambeau Field, a $143 million project that includes 6,700 seats, new video boards and two new gates. It will be fully complete for the 2013 season.
Wisconsin fans purchased approximately 50% of the shares in the recently completed offering. Next in line were Illinois (8.5%), California (8.5%), Minnesota 5% and Texas (5%).
The stock went on sale to Packers fans in Canada last week. They purchased approximately 2,000 shares.