What price did Visa split?
Almost exactly seven years after its 2008 IPO, Visa ( V 2.72% ) decided to split its shares 4-for-1, effective March 18, 2015. In its short public history, Visa’s shares had already gained more than 460%, and the price had swelled to nearly $250.
What price did Visa stock split?
Visa shares performed very well — closing the first day at $56.50 per share (or $14.13 adjusted for splits — more on that in just a moment). A shareholder investing $100 in the $44 per share IPO would have two shares with an $88 value (the NYSE would not allow fractional share purchases in 2008).
What was Visa IPO price?
$44
Visa vrose $12.50 from the initial $44 price to close at $56.50 and was the New York Stock Exchange’s most-active stock. The success of the largest U.S. IPO in history and the strong interest from both professional and individual investors turned Visa into a bright spot in an otherwise choppy stock market.
What is the share price after the split?
A stock’s price is also affected by a stock split. After a split, the stock price will be reduced (because the number of shares outstanding has increased). In the example of a 2-for-1 split, the share price will be halved.
When did Visa split its stock?
March 18, 2015
Almost exactly seven years after its 2008 IPO, Visa (NYSE:V) decided to split its shares 4-for-1, effective March 18, 2015. In its short public history, Visa’s shares had already gained more than 460%, and the price had swelled to nearly $250.
What year did Visa go public?
2008
In 2007, regional businesses around the world were merged to form Visa Inc. and, in 2008, the company went public in one of the largest IPOs in history.
Did Netflix split stock?
LOS GATOS, Calif., June 23, 2015 – Netflix, Inc. (Nasdaq: NFLX) announced today that its Board of Directors has approved a seven-for-one stock split to be effected in the form of a stock dividend of six additional shares of common stock for each outstanding share of common stock.
How much money is Visa worth?
For FY 2020, ended September 30, the company reported $10.9 billion in net income on net revenue of $21.8 billion, with total payments volume of $8.8 trillion globally. 34 As of December 17, Visa has a market capitalization of $494.3 billion.