The one tangible thing that a share of Packers stock* carries with it (other than a piece of paper) is a lifetime invitation to the team’s annual shareholders’ meeting. This year, with the most recent stock* sale tripling the total number of shareholders, the Packers are preparing for a record crowd at Tuesday’s Lambeau Field get-together.
According to Richard Reyman of the Green Bay Pres Gazette, more than 25,000 shareholders have told the team they’ll be attending the meeting.
In past years, when shareholders could bring up to four guests each, the largest crowd showed up in 1998. But the high-water mark of 18,707 likely will be shattered this time around.
The decision to preclude shareholders from bringing guests was driven by the possibility that the team wouldn’t have been able to fit everyone into the stadium. “Our intention was we simply didn’t know,” team spokesman Aaron Popkey said. “First and foremost, we could have been at capacity with shareholders only. We would have been over capacity with even a single-guest policy.”
At the meeting, shareholders will elect new directors and hear from G.M. Ted Thompson.
So, yeah, maybe a share of stock that doesn’t appreciate in value and can’t be sold isn’t such a bad investment, after all.