Visa's IPO

Judging by the number of questions I'm getting about Visa, it's clear that many of you are interested in buying into the credit card processing company.

A past Ask Matt column, which you can read here, explains the all the background about the Visa IPO and puts it into perspective.

What some readers want to know, however, is how to keep up with developments on Visa's road to going public. The nitty-gritty details, such as the price per share and timing, are yet to be determined. But if you want to get the latest information, Visa has a Media Center, where it puts out details about the IPO. You can find it here.

You can also get the updates by reading the regulatory filings. You can access these, free, at www.sec.gov, which is the Securities and Exchange Commission's site. To make things easier for you, here's a link that takes to directly to the part of the SEC's website that contains information about Visa's IPO.


According to its latest 8K filing with the SEC, Visa is having a special shareholder meeting Feb. 7 to approve an increase in its total authorized capital stock by 360,000,000 shares of common stock in preparation for the IPO.

Keep checking the link and look for 8-K and S-1/a filings. They will contain the latest on Visa's IPO.