VISA INC.

Visa Inc. deposited $250 million into its U.S. litigation escrow account on June 24, 2026, as part of its U.S. retrospective responsibility plan. This action resulted in downward adjustments to the conversion rates of its Class B-1, B-2, and B-3 common stock to Class A common stock, effective June 25, 2026. These adjustments reduced the as-converted share counts for these classes, having an effect on earnings per share similar to repurchasing Class A common stock.

Visa, as the official payment technology partner for the FIFA World Cup 2026 , announced a CA$200,000 contribution to the City of Toronto's Soccer for All Legacy program. The company also inaugurated and donated a temporary street soccer pitch at Nathan Phillips Square in Toronto, which will later be relocated permanently. This initiative is part of Visa's broader North American partnership with Street Soccer Canada/USA and its global "Tap In to Impact" campaign, which includes a CA$275,000 commitment to non-profits in each host country, supporting young entrepreneurs in Canada through Futurpreneur.

Visa, the Official Payment Technology Partner of the FIFA World Cup 26™, announced a $200K CAD contribution to the City of Toronto's Soccer for All Legacy program and unveiled a new soccer pitch at Nathan Phillips Square. This initiative marks the expansion of Visa's Street Soccer Park program into Canada, aiming to transform public spaces into vibrant community hubs for sport. Additionally, Visa's global "Tap In to Impact" campaign will contribute $275K CAD to non-profit organizations in each host country, including Futurpreneur in Canada, to support young entrepreneurs.

Visa Inc. settled its previously announced exchange offer for any and all outstanding shares of its Class B-1 and Class B-2 common stock on May 12, 2026. In connection with this, Visa entered into Makewhole Agreements, effective May 11, 2026, with participating holders. These agreements obligate holders to reimburse Visa in cash for future U.S. covered litigation escrow account deposits and stipulate a staged transfer of Class C common stock received in the exchange offer. The estimated interchange reimbursement fees at issue in unresolved U.S. covered litigation were $17.4 billion as of May 11, 2026.

Visa announced the expiration and results of its exchange offer for Class B-1 and B-2 common stock, which concluded on May 8, 2026. The offer allowed participating holders to exchange their shares for a combination of Visa's Class B-3 common stock, Class C common stock, and cash for fractional shares. Visa accepted approximately 2.7 million Class B-1 shares and 119.8 million Class B-2 shares, representing about 98% of the total outstanding Class B-1 and B-2 shares. In exchange, Visa will issue 60.6 million Class B-3 shares and 23.3 million Class C shares, along with cash for fractional shares.

Visa announced the expansion of its global Visa Agentic Ready program to Canada, aiming to prepare the Canadian payments ecosystem for AI agent-initiated commerce. The program enables issuing banks and payment partners to test and validate secure, AI-driven transactions, building on Visa's Intelligent Commerce initiatives. Major Canadian financial institutions, including BMO, CIBC, RBC, Scotiabank, and TD, are early partners in this initiative, which is already active in other global markets.

Visa Canada and Wealthsimple announced a collaboration to introduce stablecoin settlement to the Canadian market through Visa's pilot program. This initiative allows Wealthsimple to settle certain obligations with Visa Canada using USD Coin (USDC), marking a significant step in modernizing Canada's payment infrastructure. The pilot builds on Visa's global stablecoin momentum, which has surpassed a $7 billion annualized run rate in settlement volume, and aims to enhance settlement speed, flexibility, and reliability with features like 7-day settlement and improved liquidity management.

VISA reported strong financial results for the three months ended March 31, 2026, with net revenue increasing to $11.23 billion and net income rising to $6.02 billion. Basic Class A EPS also saw significant growth to $3.15. Additionally, the company completed the acquisition of Prisma Medios de Pago S.A.U. and Newpay S.A.U. in Argentina for $1.5 billion in cash, aiming to enhance its technology and services.

Visa reported strong fiscal second-quarter 2026 results with net revenue increasing 17% to $11.2 billion and non-GAAP EPS rising 20% to $3.31. The company's board authorized a new $20.0 billion multi-year share repurchase program and declared a quarterly dividend of $0.670 per share. Visa also completed the acquisition of Prisma Medios de Pago and Newpay in Argentina, strengthening its payment infrastructure in the region.

Visa reported strong fiscal year 2025 results, with net revenue reaching $40.0 billion, an 11% increase year-over-year. The company also announced a 14% increase in its quarterly cash dividend to $0.670 per share, reflecting confidence in its financial performance and commitment to returning value to shareholders.