Visa said on September 18, 2025 that it authorized the deposit of $500 million into the U.S. litigation escrow account previously established under its U.S. retrospective responsibility plan.

1. 01

   Visa said on September 18, 2025 that it authorized the deposit of $500 million into the U.S. litigation escrow account previously established under its U.S. retrospective responsibility plan.

2. 02

   The company said that when it funds the U.S. litigation escrow account, the value of its class B-1 and class B-2 common stock is diluted through downward adjustments to their conversion rates into class A common stock.

3. 03

   The company said class B-1 and B-2 common stock are held predominantly by U.S. financial institutions and their affiliates and successors, and that the adjustment has the same effect on earnings per share as repurchasing class A common stock.

4. 04

   Visa said the deposit and the class B-1 and B-2 conversion rate adjustments will be carried out in accordance with its certificate of incorporation currently in effect. The matter was disclosed under Item 8.01 Other Events.

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Original filing

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