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Packers launch stock sale for first time in 10 years
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Green Bay Packers fans will have the opportunity to become shareholders for the first time in 10 years and just the sixth time in franchise history after the club launched a common stock offering on Tuesday morning.
As the only publicly owned NFL franchise, the Packers launched its stock sale at 9 a.m. ET with shares prices listed at $300.
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"We're excited to offer shares for just the sixth time in our franchise's history," Packers President/CEO Mark Murphy said in a press release. "Since we received permission from the NFL last month for a stock offering, fans have been excited. Their support is a key component of our ability to invest in Lambeau Field and maintain it as a top-tier sporting experience, which in turn contributes to the continued success of the franchise."