Form 8-K VISA INC. For: Aug 08
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Visa (V) to release $1.4B from preferred shares
August 8, 2025 4:10 PM EDTOn August 8, 2025, Visa (NYSE: V) announced that it will release approximately $1.4 billion from its Series B and Series C Convertible Participating Preferred Stock (Series B Preferred Stock and Series C Preferred Stock, respectively, and collectively, Preferred Stock) in connection with the fourth mandatory release assessment on June 21, 2025, the ninth anniversary of the Visa Europe acquisition transaction and the issuance of the Preferred Stock. As required by the Litigation Management Deed (LMD) entered into at the time of the transaction, at each release assessment, Visa, in consultation with the Litigation Management Committee comprising representatives of former Visa Europe members (LMC),... More
