Switzerland based online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) has announced a 1:10 split of its shares, at the end of this month.

What is a share split?

The share split will effectively give everyone holding a Swissquote share nine more shares, multiplying the total outstanding shares by 10. After splitting, it would be expected that Swissquote shares start trading a about 1/10 of their current price.

Why do a share split?

Swissquote shares, despite declining by about 13% over the past year, are now priced quite high, at CHF 393.60 (or about USD $500) per share, such that buying a “block” of 100 or more shares can be prohibitively expensive for smaller retail traders. The share split will bring down the price of each individual share, making trading Swissquote stock more affordable for retail traders.

The Swissquote share split will be implemented as follows:

• on 26 May 2026, the share split will be registered with the Commercial registry, whereby the number of Swissquote Shares will be increased to 153,281,700 (from 15,328,170 currently) and the par value of the Swissquote Share will be CHF 0.02 (from CHF 0.20 currently);
• the split Swissquote Shares will begin trading on SIX Swiss Exchange on 28 May 2026 under a new Swiss security number (154823524) and ISIN (CH1548235246). The opening price will be set by reference to the previous day’s closing price, divided by 10;
• custodians will be responsible for reflecting the share split on the accounts of their clients as of 28 May 2026. Shareholders may reach out to their custodian for additional information.