Visa completes exchange offer, accepting 98% of Class B-1/B-2 shares for new stock classes

Filed May 11, 2026 · Period ending May 11, 2026 · ~1 min read

Key Changes

• high

  Visa accepted ~2.7M Class B-1 and ~119.8M Class B-2 shares, representing 98% of outstanding B-1/B-2 shares, with participation of 55% of B-1 and over 99% of B-2 shares.

  Exhibit 99.1 verify on EDGAR →
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  In exchange, Visa will issue ~60.6M Class B-3 shares and ~23.3M Class C shares, plus cash for fractional shares based on Class A closing price of $318.79.

  Exhibit 99.1 verify on EDGAR →