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Visa | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-BlackRock, Inc.(8.0%)

SEC announcement ·  Feb 8 23:30
Summary by Futu AI
BlackRock, Inc., a major investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on February 8, 2024, indicating a significant ownership stake in Visa Inc. According to the filing, BlackRock now beneficially owns 126,566,875 shares of Visa's Class A Common Stock, which represents 8.0% of the class. This filing, required due to the event date of December 31, 2023, shows that BlackRock has sole voting power over 113,786,448 shares and sole dispositive power over the entire 126,566,875 shares. The filing emphasizes that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Visa Inc. The list of subsidiaries through which BlackRock holds these shares includes entities such as BlackRock Life Limited, BlackRock Advisors, LLC, and several others across various countries.
BlackRock, Inc., a major investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on February 8, 2024, indicating a significant ownership stake in Visa Inc. According to the filing, BlackRock now beneficially owns 126,566,875 shares of Visa's Class A Common Stock, which represents 8.0% of the class. This filing, required due to the event date of December 31, 2023, shows that BlackRock has sole voting power over 113,786,448 shares and sole dispositive power over the entire 126,566,875 shares. The filing emphasizes that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Visa Inc. The list of subsidiaries through which BlackRock holds these shares includes entities such as BlackRock Life Limited, BlackRock Advisors, LLC, and several others across various countries.

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