Visa recently announced its adjustment plan for the conversion rate of its Class B common stock.
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According to the latest decision, the conversion rate for Class B-1 common shares will be adjusted to 1.5475, while the conversion rate for Class B-2 common shares will be set at 1.5075. This adjustment will officially take effect from February 26. The reduction in conversion rates reflects the company's optimization and adjustment of its equity structure. By precisely setting the conversion ratios for different classes of shares, Visa aims to further balance the interests of various shareholders and provide a clearer framework for the company's future capital operations. Market observers have pointed out that such adjustments are usually closely related to corporate strategic planning and shareholder return policies.
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