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Visa Funds $400M Litigation Escrow Account
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Visa Funds $400M Litigation Escrow Account
Visa (V) said today that it has deposited $400 million into a litigation escrow account it had previously established under a retrospective responsibility plan. The deposit has the effect of a repurchase of about 5.4 million class A shares, Visa said, at $73.81 per share, on an as-converted basis by reducing the as-converted class B share count from about 125 .5 million to 119.8 million.
Video Length: 0
Date Found: April 06, 2011
Date Produced: April 06, 2011
View Count: 0
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