Visa (V) Tops Q3 EPS by 3c; Approves $5B Buyback Program

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Visa Inc. Reports Fiscal Third Quarter 2016 Results and Announces a New $5.0 Billion Share Repurchase Program

July 21, 2016 4:06 PM EDT

GAAP quarterly net income of $412 million or $0.17 per share including special items related to the acquisition of Visa Europe Adjusted quarterly net income of $1.6 billion or $0.69 per share excluding special items related to the acquisition of Visa Europe The Company authorized a new $5.0 billion share repurchase program

SAN FRANCISCO--(BUSINESS WIRE)-- Visa Inc. (NYSE: V) today announced financial results for the Companys fiscal third quarter 2016, ended June 30, 2016. GAAP net income for the quarter, inclusive of special items... More