Visa Reports Better-Than-Expected Earnings and Announces $30B Stock Buyback
1. Visa's Q2 results surpassed expectations with $9.59B revenue. 2. Adjusted earnings were $5.44B, exceeding last year's performance. 3. Payments volume grew by 8%, with transaction growth of 9%. 4. Announced a $30 billion share repurchase program. 5. Share price rose nearly 2% in after-hours trading.