Visa Inc. announced that at its Annual Meeting of Shareholders on January 27, 2026, shareholders approved an amendment to the company's Certificate of Incorporation. The amendment limits the personal liability of company officers for monetary damages resulting from breaches of fiduciary duty, as permitted under Delaware law.

Key Details

  • Event: Shareholders approved amendments to the company's Eighth Amended and Restated Certificate of Incorporation.
  • Purpose: The amendment limits the personal liability of certain officers for breaches of fiduciary duty, aligning with recent changes in Delaware corporate law.
  • Effective Date: The Certificate of Amendment was filed with the Delaware Secretary of State on January 28, 2026, and became effective upon filing.
  • Annual Meeting Results: The proposal was approved alongside the election of eleven directors and the ratification of KPMG LLP as the independent auditor for fiscal year 2026.