Visa 2013 Annual Report Download - page 132

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VISA INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
September 30, 2013
respect to the conversion of U.S. cardholder foreign transactions from foreign currency into U.S.
dollars. On March 20, 2013, Visa met with the CFPB and provided information and materials in
response to the requests. Visa is continuing to cooperate with the CFPB’s inquiry.
Note 21—Subsequent Events
In October 2013, the Company’s board of directors authorized an additional $5.0 billion share
repurchase program. See Note 14—Stockholders’ Equity.
In October 2013, the Company’s board of directors declared a dividend in the aggregate amount
of $0.40 per share of class A common stock (determined in the case of class B and class C common
stock on an as-converted basis). See Note 14—Stockholders’ Equity.
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