![]() You should always carry out your own independent verification of facts and data before MyWallSt Limited does not take your specific needs, investment objectives orįinancial situation into consideration, and any investments mentioned may not be suitable for Information and education purposes, and you should not construe any such information as All information provided by MyWallSt Limited is of a general nature for Platform, not a registered broker-dealer or registered investment adviser, and does not provide This website is operated by MyWallSt Ltd (“MyWallSt”). ![]() Ready to start investing in stocks with huge potential? Check out our list of market-beating companies so you can get on the path to financial freedom. "Anyone considering the purchase of Packers stock should not purchase the stock to make a profit or to receive a dividend or tax deduction or any other economic benefits." In the team's own words via a press conference yesterday: However, if you believe that you're buying a piece of stock with intrinsic value that could increase over time, then you'd better take a step back - this isn't that. People buy their favorite teams' memorabilia and uniforms all the time, this is no different. If you're a mega-fan, then the urge to do so is understandable. So basically, you're just buying a symbolic piece of ownership of the four-time Super Bowl champions. Unlike a normal piece of stock such as Tesla or Apple, you cannot sell your Packers shares, they don't increase or decrease in value, and they don't afford you any voting power. However, that's about where the similarities end. Usually, when you buy a stock it means that you have partial ownership in that business. It is the sixth such sale, its first taking place in 1923 and the most recent in 2011. The sale, which will run through February 25, was approved in late October by the National Football League, with funds being used to improve the team's stadium. Hold your horses though, this isn't like normal stocks!Īt 9 AM Eastern Time Tuesday, 300,000 shares in the Green Bay Packers will be made available to the public at $300 apiece. That is, if you happen to be an NFL fan who supports the Green Bay Packers. But the Packers franchise have shared that they have the option to extend the sale.If you've ever wanted to own a piece of your favorite sports team, then now might be your chance. The Packers stocks will continue to be sold until February 25, 2022. Purchases in Canada must be conducted online. Individuals can purchase stocks for themselves, or as gifts for others, but are limited to buying 200 shares, including any prior shares bought in the 1997-12 stock offerings. buyers who want to receive the documents by mail and purchase shares with a cashier’s or personal check can call 833-OWN-PACK (83). Shares can be bought online with credit or debit cards or with electronic bank transfers. More on the team’s 6th stock sale, from today’s /F2JsQ8Pbsr- Michele Steele November 17, 2021įans interested in purchasing the stock can find the offering documents at. Within 3 hours the Packers sold $10 million in stock to a crop of new owners. So it doesn’t actually come with the purchase of the stock. However, it requires an additional $35 handling fee. Other than helping raise or adding to the $90 million to be used for construction projects at Lambeau Field- which have already been surpassed in the first few hours of the sale- buyers receive a certificate. ![]() In a press conference back in November, the franchise made it clear that these stocks are not of any intrinsic value,“Anyone considering the purchase of Packers stock should not purchase the stock to make a profit or to receive a dividend or tax deduction or any other economic benefits.” So what do buyers get from purchasing the Packers stock? So buyers are basically just paying for a symbolic piece of ownership for the four-time Super Bowl champions. In this case however, Packers fans are not really buying a normal piece of stock, like Apple or Tesla Packers shares don’t increase or decrease in value, are not allowed to be sold, and do not give any voting power either. When one thinks of stocks, the automatic concept of “partially owning,” selling, trading or transferring comes up. How do the Green Bay Packers stocks work? LA Rams' WR Mike Williams latest to be put on covid-19 list.Why did former Saints player Glenn Foster Jr.NFL Fantasy Picks: Watch out for Wilson against Houston.Which teams can clinch a playoff spot in Week 14 of the NFL?.This is the sixth sale the Packers run, its very first taking place in 1923, and its latest in 2011. In November, 2021, the Packers opened up 300,000 shares of their “common stock” for the first time in 10 years, with the opportunity of anyone becoming a “part owner” for just $300. In October, 2021, the NFL approved the sale of “ ownership” stocks for the Green Bay Packers, with funds being used for stadium improvements. ![]()
0 Comments
Leave a Reply. |