Visa Inc. Canadian Depositary Receipt Company Description
Visa Inc. Canadian Depositary Receipt is a Canadian-listed equity instrument that provides fractional ownership exposure to Class A shares of Visa Inc., a leading global payments technology company.
Structured as a Canadian Depositary Receipt, it allows investors to access Visa’s business in Canadian dollars while embedding a notional currency hedge to mitigate fluctuations between the Canadian and U.S. dollars.
Each receipt represents an economic interest in underlying Visa shares, with the CDR ratio adjusted over time to help keep the trading price accessible and align with currency movements.
Holders gain exposure to Visa’s role in facilitating electronic payments among consumers, merchants, financial institutions, and governments worldwide, without directly transacting on a U.S. exchange or managing foreign exchange conversions.
Dividends from the underlying shares are passed through in Canadian dollars in proportion to the interest represented by each receipt, maintaining linkage to Visa’s underlying cash flows.
This structure positions the security as a tool for Canadian investors seeking convenient, CAD‑denominated access to a major global payments company.
| Country | Canada |
Contact Details
No contact details available.
Stock Details
| Ticker Symbol | ZV |
| Exchange | Cboe Canada |
| Reporting Currency | CAD |