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VISA INC. 8-K Report, Corporate Update (Oct 17, 2018)

Reports
Other Events·Exhibits & Filings
Filing Date
Filed October 17, 2018
Period End
October 16, 2018
Security
V
In the record · 2016–202610-K1010-Q338-K158

V filed 10 annual reports (10-K), 33 quarterly reports (10-Q) and 158 current reports (8-K) between 2016 and 2026.

  1. Deal closed8-K · Jun ’16Jun ’16
  2. Leadership change8-K · Nov ’19Nov ’19
  3. Leadership change8-K · Jun ’22Jun ’22
  4. Material agreement8-K · May ’26May ’26

01—Abstract

Summary

Summary of the 8-K filed October 17, 2018. Cited figures are marked; the original filing is the authoritative source.

This 8-K filing from Visa Inc. primarily announces two key events important to shareholders: the declaration of a quarterly cash dividend and the setting of the record date for the 2019 Annual Meeting of Stockholders.

The board of directors has approved a cash dividend of $0.25a per share, payable on December 4, 2018, to shareholders of record as of November 16, 2018. This demonstrates Visa's ongoing commitment to returning capital to its investors.

Additionally, the filing confirms that the record date for the 2019 Annual Meeting of Stockholders has been set for November 30, 2018, with the meeting scheduled for January 29, 2019. This provides shareholders with important dates regarding their participation rights and voting opportunities in the company's governance.

02—Key points

Key Highlights

  1. Visa Inc. declared a quarterly cash dividend of $0.25 per share.
  2. The dividend payment date is December 4, 2018.
  3. The record date for the dividend is November 16, 2018.
  4. The board approved the record date for the 2019 Annual Meeting of Stockholders as November 30, 2018.
  5. The 2019 Annual Meeting of Stockholders is scheduled for January 29, 2019.
  6. The dividend applies to class A, B, and C common stock, as well as series B and C convertible participating preferred stock on an as-converted basis.

03—Questions

Frequently Asked Questions

  1. When will I receive the declared dividend?

    The quarterly cash dividend of $0.25 per share is payable on December 4, 2018.

  2. How much is the quarterly dividend?

    The declared quarterly cash dividend is $0.25 per share of class A common stock, with equivalent amounts for other classes and series on an as-converted basis.

  3. Who is eligible to receive the dividend?

    Shareholders of record as of November 16, 2018, will receive the dividend.

  4. When is the company's 2019 Annual Meeting?

    The 2019 Annual Meeting of Stockholders is scheduled to be held on January 29, 2019, with a record date of November 30, 2018.

04—Continue

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