V · 10-K · 2026A · Full report
Share Repurchase and Capital Return Program
VISA INC. · 2026-11-05 · Importance 83 · Surprise 42 · In source text
Visa repurchased 61 million class A shares for $20.5 billion during fiscal 2026. In April 2026, the board authorized an additional $20.0 billion repurchase program, and $24.4 billion of authorization remained at September 30, 2026. Visa declared and paid $5.1 billion in dividends during fiscal 2026. On October 27, 2026, the board declared a 16% increase in the quarterly class A dividend to $0.78 per share.
Key facts
- In April 2026, Visa's board authorized an additional $20.0 billion share repurchase program with multi-year flexibility. source
- At September 30, 2026, Visa's share repurchase programs had $24.4 billion of remaining authorized funds. source
- On October 27, 2026, Visa's board declared a 16% increase in the quarterly cash dividend to $0.78 per class A common share, with other common and preferred stock determined on an as-converted basis. source
- During fiscal 2026, Visa repurchased 61 million class A common shares in the open market for $20.5 billion. source
- During fiscal 2026, Visa declared and paid $5.1 billion in dividends to common and preferred stockholders. source
- Visa expects to continue paying quarterly cash dividends, subject to board approval. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -22.0% | At September 30, 2026, Visa's share repurchase programs had $24.4 billion of remaining authorized funds. |
| cash | negative | realized | -21.7% | During fiscal 2026, Visa repurchased 61 million class A common shares in the open market for $20.5 billion. |
| cash | negative | realized | -5.4% | During fiscal 2026, Visa declared and paid $5.1 billion in dividends to common and preferred stockholders. |
| cash | negative | committed | — | On October 27, 2026, Visa's board declared a 16% increase in the quarterly cash dividend to $0.78 per class A common share, with other… |