Visa stock dips to end 2025 as Class B conversion filing lands
Visa shares closed down 0.8% at $350.71 on Dec. 31 after a filing showed lower Class B-to-Class A conversion rates, following a $500 million deposit into Visa’s U.S. litigation escrow. The new rates, effective Dec. 23, reduced the as-converted share count by about 1.4 million shares. Markets reopen Jan. 2, with attention on Visa’s upcoming earnings and capital-return plans.