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