UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 21, 2014
VISA INC.
(Exact name of Registrant as Specified in Its Charter)
Delaware | 001-33977 | 26-0267673 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
P.O. Box 8999 San Francisco, California |
94128-8999 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants Telephone Number, Including Area Code: (650) 432-3200
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 Other Events.
On October 22, 2014, Visa Inc. (the Company) issued a press release announcing that on October 21, 2014, its board of directors approved the Companys 2015 Annual Meeting of Stockholders (the Annual Meeting) to be held on January 28, 2015. The Companys class A, B and C common stockholders at the close of business on December 1, 2014, the record date, will be entitled to vote at the Annual Meeting.
In addition, the Company announced that on October 22, 2014, its board of directors had declared a quarterly dividend in the aggregate amount of $0.48 per share of class A common stock (determined in the case of class B and class C common stock on an as-converted basis) payable on December 2, 2014, to all holders of record of the Companys class A, class B and class C common stock as of November 14, 2014.
A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release issued by Visa Inc., dated October 22, 2014
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: October 22, 2014 |
||||
By: | /s/ Byron H. Pollitt | |||
| ||||
Byron H. Pollitt Chief Financial Officer |
EXHIBIT INDEX
Exhibit |
Description | |
99.1 |
Press Release issued by Visa Inc., dated October 22, 2014 |
Exhibit 99.1
NEWS RELEASE
Visa Inc. Announces Record Date for the 2015 Annual Meeting of Stockholders and Declares Quarterly
Dividend, Increases Dividend Rate by 20%
FOSTER CITY, CA, October 22, 2014 Visa Inc. (NYSE:V) today announced that on October 21, 2014, its board of directors approved the Companys 2015 Annual Meeting of Stockholders (the Annual Meeting) to be held on January 28, 2015. The Companys class A, B and C common stockholders at the close of business on December 1, 2014, the record date, will be entitled to vote at the Annual Meeting.
In addition, the Company announced that on October 22, 2014, its board of directors had declared a quarterly dividend in the aggregate amount of $0.48 per share of class A common stock (determined in the case of class B and class C common stock on an as-converted basis) payable on December 2, 2014, to all holders of record of the Companys class A, class B and class C common stock as of November 14, 2014. The quarterly dividend increase raises the annual dividend rate from $1.60 per share to $1.92 per share.
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About Visa
Visa is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the worlds most advanced processing networks VisaNet that is capable of handling more than 56,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visas innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, pay ahead of time with prepaid or pay later with credit products. For more information, visit usa.visa.com/about-visa, visacorporate.tumblr.com and @VisaNews.
Contacts:
Investor Relations: Jack Carsky or Victoria Hyde-Dunn, 650-432-7644, ir@visa.com
Media Relations: Paul Cohen, 650-432-2990, globalmedia@visa.com