Public Company
The Roughriders are one of only a few publicly owned professional sports companies in North America, complete with a board of directors. The Roughriders' public ownership model is similar to the Green Bay Packers where a limited number of shares have been sold to the public. It is not possible to resell these shares, no dividend payment is possible and no person may hold more than 20 voting shares. A recent public offering of Rider Shares — Series 1 — commenced in 2004 at an offering price of $250 per share In 2006 the Ottawa Sun reported that the Roughriders had sold around 3,000 at $250 each. The Series 1 offering closed in 2008 after all 6,000 shares were sold. A second public offering, Series 2, was launched in 2010 in honour of the team's 100th anniversary.
Read more about this topic: Saskatchewan Roughriders
Famous quotes containing the words public and/or company:
“Public speaking is done in the public tongue, the national or tribal language; and the language of our tribe is the men’s language. Of course women learn it. We’re not dumb. If you can tell Margaret Thatcher from Ronald Reagan, or Indira Gandhi from General Somoza, by anything they say, tell me how. This is a man’s world, so it talks a man’s language.”
—Ursula K. Le Guin (b. 1929)
“All I can tell you with certainty is that I, for one, have no self, and that I am unwilling or unable to perpetrate upon myself the joke of a self.... What I have instead is a variety of impersonations I can do, and not only of myself—a troupe of players that I have internalised, a permanent company of actors that I can call upon when a self is required.... I am a theater and nothing more than a theater.”
—Philip Roth (b. 1933)