Visa 8-K Filed: Financial Condition & Other Events Reported
Ticker: V · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1403161
Complexity: simple
Sentiment: neutral
Topics: corporate-action, financial-condition, regulatory-filing
TL;DR
**Visa filed an 8-K, signaling potential new financial info or material events are coming.**
AI Summary
Visa Inc. filed an 8-K on January 25, 2024, reporting events from January 23, 2024, related to its financial condition and other matters. The filing specifically mentions Class A Common Stock (trading symbol V) and various notes maturing in 2026, 2029, and 2034. This matters to investors because 8-K filings often precede significant financial announcements, such as earnings, or provide updates on material events that could impact the company's stock price and future performance.
Why It Matters
This 8-K signals that Visa Inc. has new information regarding its financial health or other material events, which could influence investor sentiment and stock valuation.
Risk Assessment
Risk Level: low — This 8-K is a procedural filing indicating an upcoming disclosure, not a disclosure of negative news itself, so the immediate risk is low.
Analyst Insight
A smart investor would monitor Visa Inc.'s news releases and subsequent filings closely for the actual details of the 'Results of Operations and Financial Condition' and 'Other Events' that this 8-K is foreshadowing, as these will contain the substantive information impacting the stock.
Key Numbers
- $0.0001 — par value per share (par value of Visa Inc.'s Class A Common Stock)
Key Players & Entities
- VISA INC. (company) — the registrant filing the 8-K
- January 23, 2024 (date) — date of the earliest event reported
- January 25, 2024 (date) — date the 8-K was filed
- Class A Common Stock (company) — a class of securities registered by Visa Inc.
- V (company) — trading symbol for Visa Inc.'s Class A Common Stock
- $0.0001 (dollar_amount) — par value per share of Class A Common Stock
FAQ
What is the purpose of this 8-K filing by Visa Inc.?
This 8-K filing by Visa Inc. is a 'Current Report' pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, reporting on 'Results of Operations and Financial Condition' and 'Other Events' as of January 23, 2024.
When was the earliest event reported in this 8-K?
The earliest event reported in this 8-K occurred on January 23, 2024, as stated in the 'Date of Report (Date of earliest event reported)' section.
What is Visa Inc.'s trading symbol and on which exchange is its Class A Common Stock registered?
Visa Inc.'s trading symbol is 'V', and its Class A Common Stock, par value $0.0001 per share, is registered on the New York Stock Exchange (NYSE), indicated by 'N' under 'Name of each exchange on which registered'.
What specific types of notes are mentioned in the filing?
The filing specifically mentions 'A2026NotesMember', 'A2029NotesMember', and 'A2034NotesMember', indicating different series of notes maturing in 2026, 2029, and 2034, respectively.
What is the business address and phone number for Visa Inc. as listed in the filing?
Visa Inc.'s business address is P.O. Box 8999, San Francisco, California, 94128-8999, and its telephone number is (650) 432-3200.
Filing Stats: 556 words · 2 min read · ~2 pages · Grade level 9.8 · Accepted 2024-01-25 16:05:41
Key Financial Figures
- $0.0001 — stered Class A Common Stock, par value $0.0001 per share V New York Stock Exchange 1.
- $0.520 — uarterly cash dividend in the amount of $0.520 per share of class A common stock (dete
Filing Documents
- v-20240123.htm (8-K) — 39KB
- q12024earningsrelease.htm (EX-99.1) — 355KB
- banner.jpg (GRAPHIC) — 86KB
- divider.jpg (GRAPHIC) — 23KB
- footer.jpg (GRAPHIC) — 39KB
- v-20240123_g1.gif (GRAPHIC) — 151KB
- 0001403161-24-000013.txt ( ) — 1214KB
- v-20240123.xsd (EX-101.SCH) — 3KB
- v-20240123_def.xml (EX-101.DEF) — 16KB
- v-20240123_lab.xml (EX-101.LAB) — 32KB
- v-20240123_pre.xml (EX-101.PRE) — 17KB
- v-20240123_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 25, 2024, Visa Inc. (the "Company") issued an earnings release announcing financial results for the Company's fiscal first quarter ended December 31, 2023. A copy of the earnings release is attached hereto as Exhibit 99.1. All information in the earnings release is furnished but not filed. On January 25, 2024, the Company will host a conference call to discuss its fiscal first quarter ended December 31, 2023 financial results.
01 Other Events
Item 8.01 Other Events. On January 23, 2024 , the Company's board of directors declared a quarterly cash dividend in the amount of $0.520 per share of class A common stock (determined in the case of class B-1 and C common stock and series A, B and C convertible participating preferred stock on an as-converted basis), payable on March 1, 2024, to all holders of record as of February 9, 2024.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Earnings Release of Visa Inc., dated January 25, 2024 104 Cover Page Interactive Data File (formatted as Inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VISA INC. Date: January 25, 2024 By: /s/ Chris Suh Chris Suh Chief Financial Officer