Visa deposits $250M into litigation escrow, diluting class B shares via conversion rate cuts

Filed June 26, 2026 · Period ending June 24, 2026 · ~1 min read

Key Changes

• medium

  Visa deposited $250M into its U.S. litigation escrow account under its retrospective responsibility plan, a mechanism designed to cover potential U.S. litigation liabilities with costs borne by class B shareholders.

  Item 8.01 verify on EDGAR →
• medium

  The deposit triggered conversion rate reductions for all class B shares: B-1 from 1.5475 to 1.5445, B-2 from 1.5075 to 1.5014, and B-3 from 1.5075 to 1.4953, effective June 25, 2026.

  Item 8.01 verify on EDGAR →
• medium

  As-converted share counts fell by 6,658 for class B-1, 2,973 for class B-2, and 740,184 for class B-3, producing the same EPS effect as a class A share repurchase and benefiting class A holders.

  Item 8.01 verify on EDGAR →