The Green Bay Packers began issuing a stock offering Tuesday (Nov. 16) for the first time in a decade, with funding going to the franchise’s Lambeau Field projects.

The funds are expected to go towards video boards and concourse upgrades. Shares are $300 each. The offering is scheduled to end on Feb. 25.

“We’re excited to offer shares for just the sixth time in our franchise’s history,” Packers president/CEO Mark Murphy said in a statement. “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.

“It’s been 10 years since our last offering and we’ve been asked regularly by fans when the next opportunity will take place to become an owner of the Packers,” he added. “For them and our next generation of fans who are ready, we’re very pleased to welcome our newest shareholders.”

Here are more details on the sale (via Packers.com):

• The price per share is $300, and there will be a handling fee.
• The offering currently is limited to persons in the 50 United States and Washington D.C., as well as Guam, Puerto Rico and the U.S. Virgin Islands.
• Shares can be purchased online with credit cards, debit cards, or electronic bank transfers, or by mail with personal check or cashier’s check.
• Only individuals (including spouses as joint tenants) are able to purchase shares; individuals can purchase shares as a gift for other individuals.
• The Packers are offering 300,000 shares.
• No one may buy more than 200 shares (counting any shares that the person purchased in the 1997-1998 and 2011-2012 offerings).
• The offering will continue until Feb. 25, 2022, subject to extension, or until fully subscribed.
• Stock in the Packers does not constitute an investment in “stock” in the common sense of the term.
• The Packers will have no obligation to repay the amount a buyer pays to purchase Packers stock.
• 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.
• The offering of Packers stock is made only through the offering document.
• The Packers believe offerees and purchasers of Packers stock will not receive the protection of securities laws with respect to the offering or sale of Packers stock.
• The Packers bylaws and NFL rules severely restrict transfers of Packers stock.