8-K filed Apr 28, 2026
Visa authorizes $20B for stock buybacks
“The board of directors authorized a new $20.0B multi-year share repurchase program”
From Visa Inc.’s 8-K filed Apr 28, 2026 · read the filing · all documents
How big is it?
Visa bought back $21.3B of stock in the twelve months to Mar 31, 2026. At that pace, $20.0B covers about 11 months of buybacks.
The amount equals 94% of its free cash flow over the same twelve months ($21.2B).
An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.
Show as table
| Period | Value |
|---|---|
| Q2 '23 | $3.0B |
| Q3 '23 | $3.8B |
| Q4 '23 | $3.6B |
| Q1 '24 | $2.8B |
| Q2 '24 | $4.5B |
| Q3 '24 | $5.8B |
| Q4 '24 | $4.0B |
| Q1 '25 | $4.6B |
| Q2 '25 | $4.8B |
| Q3 '25 | $4.9B |
| Q4 '25 | $3.7B |
| Q1 '26 | $7.9B |