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More from Murphy on stock sale closing

Posted by Mike Spofford on March 1, 2012 – 10:44 am

Here are some additional tidbits from Packers President/CEO Mark Murphy on the close of the stock sale:

–Online access key: The Packers sold more than 268,000 shares this time compared to around 120,000 in the 1997 stock sale, and Murphy said the key was the ability to sell online this time. He said more than 90 percent of the sales were made online. “That was obviously crucial to us,” he said.

–Shareholder meeting: In past years, the Packers have allowed shareholders attending the annual meeting in late July to bring as many as four guests. As the organization looks at the logistics for this year’s meeting, Murphy said that guest number will have to be reduced because the total number of shareholders has now more than tripled. “Hopefully we can structure it in a way that we’ll know well beforehand, or have a good idea what the attendance will be,” he said.

–Added noise: The addition of 6,700 outdoor seats as part of the south end zone expansion will increase the stadium’s outdoor seating by more than 10 percent, thereby considerably increasing the noise generated by the crowd. Lambeau Field has a current capacity of just over 73,000, with roughly 60,000 outdoor seats. “I think it’s going to increase the home-field advantage,” Murphy said. “We’re designing this so we’re going to keep the sound in the bowl, so it should make the stadium considerably louder, especially when the opposing team is driving down into the south end zone.”

For the original story on the closing of the stock sale, click here.


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Posted in Packers.com Blog | 7 Comments »


7 Responses to “More from Murphy on stock sale closing”

  1. By Mel Bollom on Mar 1, 2012 | Reply

    Is there any possible way to buy a share of stock for BREAH BOLLOM? Weather and being out of State until late yesterday, made it impossible to get the purchase done before midnight.

    After her surgery last week, she really needs a lift, and my buying her a Packer stock for her would mean a great deal.

    Mel Bollom

  2. By Kevin Margeson on Mar 3, 2012 | Reply

    When will I get my 11 digit owner’s number?

  3. By David Rose on Mar 4, 2012 | Reply

    I am glad the sale went well!!! When will the date be set for the shareholders meeting? I need to put in for vacation time at work as soon as possible or I will not be able to attend! Also, how will we be notified? I am a new shareholder and other than receiving my certificate, I have not recieved anything else. Thanks. Go Pack Go!

  4. By thefreeresumebuilder on Mar 7, 2012 | Reply

    I did manage to be one of the lucky ones and I bought some shares. I am hoping that I’ll get notified of what will happen next. I did get the certificate.

    Most Importantly – Lets GO Packers!!!!

  5. By packerlombardi on Mar 9, 2012 | Reply

    Would you consider an open stock sale? Say a block of x number of stock available thru the year, that number to be renewed each year, for those that because of tight finances were not able to purchase shares of this past offering. Sometimes the opportunity and the money do not coincide. But that simple piece of Green Bay Packer paper can be worth more than gold to some.

  6. By packerlombardi on Mar 9, 2012 | Reply

    Like for Breah Bollom above. Think about it.

  7. By AZjeff on Mar 9, 2012 | Reply

    Wow….swing and a miss packers, Rams get 3 #1s from redskins to get franchise QB and the pack get nothing for Matt Flynn? Eeesh!

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