Swissquote (SWX: SQN) has confirmed the effective date for its previously approved 1:10 share split, with trading in the split shares scheduled to begin on 28 May 2026 on SIX Swiss Exchange. The move follows shareholder approval of the share split plan earlier in the month.
Under the 1:10 share split, every existing Swissquote share was divided into ten new shares, with the share price to be adjusted proportionally downward. As a result of the operation, the total number of Swissquote shares will increase from 15,328,170 to 153,281,700.
The split shares will trade under a new Swiss security number, 154823524, and a new ISIN, CH1548235246. According to the company, the opening price of the split SQN shares on 28 May 2026 will be set by reference to the closing price of the existing shares on 27 May 2026.
The share split will be registered with the Commercial Registry on 26 May 2026, ahead of the first trading day for the new shares. Following the split, the par value of each Swissquote share will be reduced from CHF 0.20 to CHF 0.02, in line with the tenfold increase in the number of shares.
Rationale and context
Swissquote stated that the primary objective of the share split is to improve accessibility and liquidity for retail investors, citing the company’s high share price as a key consideration. By increasing the number of shares and reducing the per-share price, the brokerage aims to make trading in its shares more manageable for smaller investors.
This marks the second share split in Swissquote’s history, following an earlier split that took place in May 2007. Within the listed brokerage sector, the article notes that Interactive Brokers carried out a 1:4 share split last year when its shares were trading near their then-peak value, providing a recent point of comparison for similar corporate actions in the industry.
The confirmed timetable, adjusted capital structure and new identifiers on SIX Swiss Exchange collectively define the framework under which Swissquote’s split shares will begin trading at the end of May 2026.
