REPLOID Group AG, an Austrian company specializing in insect-based upcycling of organic residues, announced plans to execute a 1:15 stock split to enhance the tradability of its shares. The company, listed on the Vienna Stock Exchange’s direct market plus segment under the ticker HRX5, will submit the resolution to its Annual General Meeting on September 14, 2026. If approved, the number of shares will surge from 110,881 to 1,663,215, with each no-par value share continuing to represent a proportionate amount of share capital of EUR 1.00.
The move comes as REPLOID’s shares have recently traded at around 1,700 euros, a price point that CEO and founder Philip Pauer believes is prohibitive for many retail investors. “If we split today, the price would come in at roughly 113 euros. That’s exactly our goal: to make REPLOID stock easier to trade and more attractive, particularly for retail investors,” Pauer said. The split is intended to lower the nominal value per share, making it more accessible to a broader investor base, potentially increasing liquidity and market participation.
As a precondition for the split, the Annual General Meeting is expected to approve a capital increase from company funds. This increase will raise share capital from EUR 110,881 to EUR 1,663,215 without issuing new shares, by converting a portion of the unrestricted capital reserves accumulated from the company’s equity growth during the 2025 fiscal year. This mechanism ensures that the stock split is purely a cosmetic change, reflecting the same proportionate ownership but with a lower per-share price.
REPLOID’s core business involves the industrial utilization of regional organic residues from the food industry. The company constructs and services modular, scalable insect-rearing plants, known as REPLOID ReFarmUnits, where young Black Soldier Fly larvae are fed a site-specific mix developed from residual materials. After rearing, customers can use the larvae or by-products themselves, or REPLOID takes them back for centralized marketing or further processing into proteins and fats for the animal feed industry. The by-products, known as insect frass, are transformed into premium organic fertilizer.
This decentralized upcycling on an industrial scale provides an economically attractive solution within the circular economy, efficiently utilizing food residues and conserving key resources. Founded in 2020 and headquartered in Wels, Austria, REPLOID has a global focus and employs over 190 people. The company’s listing on the Vienna Stock Exchange since July 2025 has been a milestone, and this stock split aims to further democratize investment in the growing circular economy sector.
The stock split is a strategic move to align the company’s share price with industry norms and enhance its appeal to a wider range of investors. By lowering the entry barrier, REPLOID hopes to stimulate trading activity and broaden its shareholder base, which could also improve the stock’s liquidity and potentially attract institutional investors who may have been deterred by the high price.
As REPLOID continues to expand its innovative insect-rearing technology, the stock split represents a proactive step to ensure that its growth story is accessible to all investors, not just those with significant capital. The AGM’s decision will be pivotal in determining the future tradability of REPLOID shares.
