Genius Group buys back 1 million shares at average price of $0.90

SINGAPORE - Genius Group Limited (NYSE American:GNS) has repurchased 1 million shares of its stock at an average price of $0.90 per share between August 28 and September 11, 2025, the company announced Monday. The stock, currently trading at $1.09, has shown remarkable momentum with a 258% gain over the past six months, according to InvestingPro data.

This marks the third buyback since shareholders and the board approved a repurchase program for up to 20% of the company’s issued ordinary shares in July 2025. Genius Group has now repurchased a total of 3 million shares, representing 21% of the permitted amount under the approved mandate. While the company maintains a healthy current ratio of 3.65, InvestingPro analysis indicates rapid cash burn as a potential concern. InvestingPro subscribers have access to 15 additional key insights about GNS’s financial health.

The company’s board has also approved the issuance of restricted shares to CEO Roger Hamilton for reaching a $100 million market capitalization milestone, subject to NYSE approval. This is the first of ten milestones in the founder compensation plan, which targets a $1 billion market capitalization by 2030.

Following board approval for 7.1 million restricted shares related to the milestone achievement, 4.2 million shares related to an asset purchase agreement, and Hamilton’s previous purchase of 650,000 shares, the CEO now holds 12.7 million Ordinary A shares and 6 million Ordinary C shares.

The company expects to release its 2025 first-half financial results within the next two weeks, with analysts forecasting 61% revenue growth for the full year according to InvestingPro data. Once recent actions are accounted for, 60.3% of Genius Group’s issued ordinary shares will be held in book entry at the company’s transfer agent, with 39.7% remaining in broker accounts. Get detailed earnings forecasts and comprehensive analysis through InvestingPro’s exclusive Research Reports, available for over 1,400 US stocks.

Genius Group, which describes itself as a Bitcoin-first education group, serves 5.8 million users across more than 100 countries through its digital marketplace of AI training, tools and talent.

The information in this article is based on a company press release statement.

In other recent news, Genius Group Limited has completed its acquisition of Entrepreneur Resorts Ltd, following strong shareholder approval. The transaction will involve transferring 50 million Genius Group shares to ERL in a private placement. Additionally, Genius Group has announced a second share buyback, repurchasing one million shares at an average price of $1.15 per share, as part of its plan to buy back up to 20% of its issued ordinary shares. In another development, the company is pursuing a dual listing on an Asian stock exchange, aiming to provide easier access for shareholders in Asia and Oceania.

Genius Group has also appointed Saifedean Ammous, a noted Bitcoin author, as an advisor to its board. Ammous will assist in developing the company’s Bitcoin Treasury and related initiatives. Furthermore, the company plans to hold a live update session to discuss its ongoing legal battles, including a market manipulation lawsuit and a RICO case. These recent developments highlight Genius Group’s strategic moves in financial management, legal affairs, and market expansion.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.