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Green Bay Packers vice president of finance Paul Baniel, left, and president/CEO Mark Murphy unveil the design of the certificate used for stock in the 2011-12 stock sale, Dec. 6, 2011.
Green Bay Packers vice president of finance Paul Baniel, left, and president/CEO Mark Murphy unveil the design of the certificate used for stock in the 2011-12 stock sale, Dec. 6, 2011.
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Updated: Monday, 20 Feb 2012, 11:22 AM CST
Published : Monday, 20 Feb 2012, 11:22 AM CST
GREEN BAY, Wis. (AP) - Canadians who want to buy a share of Green Bay Packers stock will now get their chance.
The team said Monday it has cleared Canadian regulatory requirements and is now selling shares north of the border.
Each share costs $250. In the U.S., there's also a $25 handling fee. In Canada, the charge is $35.
The team had offered 280,000 shares for sale. It says it had 17,000 left as of Feb. 14, and the sale will end Feb. 29 unless the team sells out first.
The money is being used to fund stadium expansion.
The shares pay no dividends and have virtually no re-sale value. But they do come with a piece of paper declaring holders a team owner and conferring the right to attend the annual stockholder meeting.
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