Visa Inc (V) has released an update to notify the public and investors about the submission of matters to a vote of security holders.
The Company’s Annual Meeting held on January 23, 2024, resulted in the election of all eleven director nominees by Class A stockholders, approval of executive officer compensation, and ratification of KPMG LLP as the independent auditor for the fiscal year 2024. Additionally, the Class B Exchange Offer Program Certificate Amendments were approved by the necessary majority of Class A, B, and C stockholders, both separately and as a single class. A stockholder proposal concerning termination pay arrangements was not approved, and Proposal 5 regarding adjournment was not presented due to sufficient votes for Proposal 4.
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