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0 0.00025793650793656 0.00284992784992792 -0.000721500721500681 -0.00317460317460316 -0.000757575757575684 0.000955988455988612 0.00102813852813862
Stock impact report

Visa Commences Exchange Offer for Class B-1 Common Stock

Visa Inc. (V) 
Last visa inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.visa.com
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Visa (NYSE:V) today commenced its previously announced initial Exchange Offer for any and all outstanding shares of its Class B-1 common stock for a combination of Visa’s Class B-2 common stock, Visa’s Class C common stock and, where applicable, cash in lieu of fractional shares.In exchange for each share of Class B-1 common stock validly tendered (and not withdrawn) and accepted for exchange by Visa, a participating holder will receive:one half of a newly issued share of Class B-2 common stock,newly issued shares of Class C common stock in an amount equivalent to one half of a share of Class B-1 common stock, with such equivalence based on the respective amounts of Class A common stock into which Class B-1 common stock and Class C common stock would be convertible as of the Expiration Date, andwhere applicable, cash in lieu of fractional shares determined by reference to the reported closing Class A common stock price on the New York Stock Exchange Show less Read more
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