VISA INC. - 10-Q filing on 2015-04-30

Stockholders' Equity (Tables)

6 Months Ended

Mar. 31, 2015

Stockholders' Equity Note [Abstract]

As-Converted Class A Common Stock. The number of shares of each class and the number of shares of class A common stock on an as-converted basis at March 31, 2015, are as follows:



(in millions, except conversion rates)	Shares Outstanding	Conversion Rate Into Class A Common Stock		As-converted Class A Common Stock⁽¹⁾
Class A common stock	1,964	—		1,964
Class B common stock	245	1.6483	⁽²⁾	405
Class C common stock	20	4.0000		79
Total				2,448


⁽¹⁾	Figures in the table may not recalculate exactly due to rounding. As-converted class A common stock is calculated based on unrounded numbers.


⁽²⁾	The class B to class A common stock conversion rate has been rounded for purposes of this disclosure. Conversion calculations for dividend payments are based on a conversion rate rounded to the tenth decimal.

Share Repurchase Program Disclosure

Reduction in as-converted class A common stock. The following table presents share repurchases in the open market.



(in millions, except per share data)	Three Months Ended March 31, 2015		Six Months Ended March 31, 2015
Shares repurchased in the open market ⁽¹⁾	16		29
Average repurchase price per share ⁽²⁾	$	64.84	$	64.86
Total cost	$	1,052	$	1,855


⁽¹⁾	All shares repurchased in the open market have been retired and constitute authorized but unissued shares.


⁽²⁾	Figures in the table may not recalculate exactly due to rounding. Average repurchase price per share is calculated based on unrounded numbers.