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CPPIB Boosts Stake in Visa Inc. by 87% in Second Quarter

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V
Share

The Canada Pension Plan Investment Board (CPPIB) has significantly increased its stake in Visa Inc. ($V), purchasing an additional 798,181 shares during the second quarter.

This acquisition brought CPPIB's total share ownership to 1,718,240, representing a growth of 86.8% from the previous quarter.

The value of these shares is approximately $589 million, accounting for 0.10% of Visa's outstanding stock.

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