Visa issues 60.6 million Class B-3, 23.3 million Class C shares in exchange offer

Visa

Visa

V

0.00
  • Visa exchange offer to convert Class B-1 and Class B-2 common stock expired May 8, 2026.
  • Accepted about 2,700,000 Class B-1 shares, about 119,800,000 Class B-2 shares.
  • Will issue about 60,600,000 Class B-3 shares, about 23,300,000 Class C shares; cash paid in lieu of fractional shares based on NYSE Class A closing price of $318.79 at expiration.
  • Tendered shares represented about 98% of outstanding Class B-1 and B-2, including about 55% of outstanding Class B-1, over 99% of outstanding Class B-2.
  • Settlement scheduled promptly.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Visa Inc. published the original content used to generate this news brief on May 11, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.