Genius Group completes second share buyback at $1.15 per share

SINGAPORE - Genius Group Limited (NYSE American:GNS), with a market capitalization of approximately $99 million, has repurchased one million shares at an average price of $1.15 per share over the last three trading days, the company announced Thursday. The stock has shown strong momentum recently, posting an 11.8% gain over the past week.

This marks the second buyback since receiving shareholder and board approval in July 2025 for repurchasing up to 20% of the company’s issued ordinary shares. The first buyback occurred on July 9, when Genius Group acquired one million shares at an average price of $1.30 per share. According to InvestingPro data, the company maintains a healthy current ratio of 3.65, indicating strong ability to meet short-term obligations.

The latest transaction represents 7% of the permitted shares under the buyback mandate, bringing the total repurchased to 14% of the approved amount. All repurchased shares have been returned to the company’s treasury.

In executing the buyback, Genius Group followed guidelines in Rules 10b-18 and 10b-5 under the Securities Exchange Act of 1934 to ensure compliance.

Following these transactions and the previously announced conversion of six million shares owned by CEO Roger Hamilton from publicly tradable Class A Ordinary Shares to non-publicly tradable Class C Ordinary Shares, the company’s publicly tradable shares have decreased by 10% from 67.4 million to 61.4 million.

Currently, 56.4% of the company’s issued ordinary shares are held at its transfer agent, Vstock Transfer, with the remaining 43.6% in broker accounts.

Genius Group describes itself as a Bitcoin-first business delivering AI-powered education solutions with 5.8 million users across more than 100 countries.

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

In other recent news, Genius Group Limited has completed the acquisition of Entrepreneur Resorts Ltd, following a 99.97% approval from ERL shareholders. The transaction includes the transfer of 50 million Genius Group shares to ERL in a private placement, with distribution to ERL shareholders set at a ratio of three Genius Group shares for each ERL share. Additionally, Genius Group has repurchased 1 million of its ordinary shares at an average price of $1.30 per share, as part of a buyback program approved by 98.8% of shareholders. The company has also increased its Bitcoin holdings by 23%, acquiring 28 Bitcoin at an average price of $102,858, leading to a total of 148 Bitcoin in its treasury. In efforts to combat short selling, Genius Group has provided shareholders with information on directly registering their shares to prevent unauthorized lending. Furthermore, Genius Group has appointed Kevin Malone as an advisor to its Board, aiming to address market manipulation issues.

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