<Li> 1997--98 In mid-November 1997 the club's then - 1,940 shareholders voted to create 1,000,000 new shares, giving themselves a 1000 to 1 split at the same time (which rewarded each with 1,000 shares for every 1 they had owned, turning the original 1,940 into 1,940,000 before the first new share was sold). The net effect was to ensure existing shareholders retained the vast majority of voting power . A 400,000 share public offering followed to raise money for Lambeau Field redevelopment . Running for 17 weeks from late 1997 to March 16, 1998 it raised over $24 million through the purchase of 120,010 shares by 105,989 new shareholders at $200 apiece . </Li> <Li> 2011 To raise money for a large $143 - million Lambeau Field expansion, which included approximately 6,700 new seats, new HD video boards, a new sound system, and two new gates, a fifth stock sale began on December 6, 2011 . Demand exceeded expectations, and the original 250,000 share limit had to be increased by 30,000 . By the offering's end on February 29, 2012 over $64 million had been raised through 250,000 buyers purchasing 269,000 shares at $250 apiece . Buyers were from all 50 U.S. states, and for the first time, sales were briefly allowed in Canada, adding around 2,000 shareholders . Approximately 99% of the shares were purchased online . </Li> <P> The team created the Green Bay Packers Foundation in December 1986 . It assists in a wide variety of activities and programs benefiting education, civic affairs, health services, human services and youth - related programs . </P> <P> At the team's 1997 annual stockholders meeting, the foundation was designated, in place of a Sullivan - Wallen Post soldiers memorial, as recipient of any residual assets upon the team's sale or dissolution . </P>

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