Global News & Events
Visa Launches New Corporate Responsibility Program
New York, NY, May 2, 2008
Visa Inc. (NYSE: V) today launched its first corporate responsibility program at the Clinton Global Initiative (CGI) mid-year meeting, where Visa was recognized as the first CGI "commitment to action" of 2008.
Visa Inc. Reports Fiscal 2nd Quarter 2008 Earnings
SAN FRANCISCO, CA, April 28, 2008
- GAAP net income of $314 million for the quarter
- Adjusted net income of $401 million for the quarter
- GAAP diluted class A common earnings per share of $0.39 for the quarter
- Adjusted diluted class A common earnings per share of $0.52 for the quarter
- Payment volume grew 19% over the prior year to $681 billion
Visa Inc. Expands Small Business Offers Program
SAN FRANCISCO, CA, March 31, 2008
Visa Inc. today announced the global expansion of its merchant offers program for small businesses. Visa Business cardholders now can access more than 130 discount offers, including country specific, regional and global offers. Discounts are currently available on products and services in 17 merchant categories- including car service/rental, computer/electronics, entertainment and telecommunications.
Visa Inc. Announces Over-Allotment Option
SAN FRANCISCO, CA, March 20, 2008
Visa Inc. (NYSE: V) announced today that the underwriters of its initial public offering exercised their over-allotment option to purchase an additional 40,600,000 shares of its Class A common stock at $44.00 per share. The option was granted in connection with the company's initial public offering of 406,000,000 shares of its Class A common stock, which priced on March 18, 2008. Visa expects net proceeds from the offering, including the exercise of the over-allotment option, after deducting underwriting discounts and commissions and estimated offering expenses, to be approximately $19.1 billion.
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