Visa Inc. (V) Modifies Conversion Rates for its Class B-1 and B-2 Common Stock; Erste Group Downgrades the Stock from Buy to Hold

With strong profitability, Visa Inc. (NYSE:V) secures a spot on our list of the 11 Most Profitable Blue Chip Stocks to Buy Right Now. Visa Inc. (V) Modifies Conversion Rates for its Class B-1 and B-2 Common Stock; Erste Group Downgrades the Stock from Buy to Hold As part of its retrospective responsibility plan, Visa Inc. (NYSE:V) modified conversion rates for its Class B-1 and B-2 common stock on September 26, 2025, after depositing $500 million into its U.S. lawsuit escrow account. According to Visa In ...