Genius Group Board Approves Buyback of up to 13.2 Million Company Shares
Genius Group (NYSE American:GNS) authorized management to buy back up to 13.2 million Class A shares under its existing mandate, ahead of the June 30, 2026 expiry and before the July 7, 2026 AGM.
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Rhea-AI Summary
Genius Group (NYSE American:GNS) authorized management to buy back up to 13.2 million Class A shares under its existing mandate, ahead of the June 30, 2026 expiry and before the July 7, 2026 AGM.
The Board also adopted Net Asset Value per Share (NAVPS) as a key metric, reporting audited FY 2025 NAVPS of $0.60, and plans quarterly NAVPS disclosures alongside ongoing share capital reductions.
Positive
- Authorization to repurchase up to 13.2 million Class A shares
- Audited FY 2025 NAVPS reported at $0.60 per share
- Board adopts NAVPS as key performance metric with quarterly reporting
- Planned retirement or removal of 30.1 million shares from public float
- Additional 10 million Class A shares already converted into Class C
- Plan to seek new 20% buyback mandate starting July 7, 2026
Negative
- None.
Details
News Market Reaction – GNS
On Jun 8, the day this news came out, GNS closed 4.46% below the previous close.
Data tracked by StockTitan Argus for the Jun 8 session.
Key Figures
- Buyback authorization
- 13.2 million shares
- Additional buybacks authorized under existing mandate before June 30, 2026 expiry
- Original mandate capacity
- 17.6 million shares
- Maximum shares under 20% buyback mandate from 2025 AGM
- Executed buybacks
- 4.4 million shares
- Total repurchased in four buybacks between August and January 2026
- NAVPS
- $0.60
- Net Asset Value per Share at end of Financial Year 2025 (audited)
- Shares for retirement
- 30.1 million shares
- Identified from ERL Share Count Exercise and ICC Arbitration Win
- Class A to Class C conversion
- 10 million shares
- Reduction of public float via conversion into Class C shares
- Future buyback mandate
- 20% of shares
- Proposed new share buyback mandate to be voted at 2026 AGM
- Buyback window end
- June 30, 2026
- Expiration date of current shareholder buyback mandate
Previous Buybacks Reports
-
Announced fourth 1,000,000-share buyback at $0.73, total 4.3M repurchased.
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Completed 1M-share buyback at $0.90 and detailed CEO restricted share awards.
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Launched 20% buyback mandate and executed first 1M-share repurchase at $1.30.
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Shareholders approved up to 20% buyback under Singapore law with 97.5% support.
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Called EGM to approve 20% buyback and canceled rights offering below market.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
bitcoin treasury financial
public float financial
singapore companies act 1967 regulatory
nyse american listing rules regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Approval for additional buybacks with the timing and amount to be decided by Management prior to Company’s Annual General Meeting on July 7, 2026.
Approval for
Board Adopts Net Asset Value per Share (NAVPS) as Key Company Metric.
SINGAPORE, June 08, 2026 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) ("Genius Group", "GNS" or the "Company"), a leading AI-powered education group, today announced that its Board of Directors has authorized management to buy back up to 13.2 million Class A Ordinary Shares prior to the Company’s Annual General Meeting on July 7, 2026, representing
The Board’s authorization, made on June 7, 2026, is pursuant to Proposal 7 of the Company’s 2025 AGM held on July 7, 2025, in which shareholders approved a buyback of up to
Buybacks may be effected, at management’s discretion as to timing and amount, in one or more transactions on the NYSE American or in off-market purchases, up to the authorized amount in accordance with the Singapore Companies Act 1967, SEC regulations and NYSE American listing rules.
Roger James Hamilton, Founder and CEO of Genius Group, said “Genius Group is currently trading at a meaningful discount to its Net Asset Value. Returning that value to our shareholders by reducing the share count is one of the highest-conviction capital allocation decisions this Board can take. We are aligned with our shareholders in building the balance sheet through our education businesses and dual-treasury strategy, and in communicating that value through our NAVPS metric. We thank our Board for today’s approval, and we are committed to utilising as high a proportion of this mandate as we can within the one-month window.”
Company’s Key Metric Focus on Net Asset Value per Share (“NAVPS”)
Further to the Company’s recently launched AI Treasury strategy, the Board has also voted to make Net Asset Value per Share (“NAVPS”) a key metric for the Company. NAVPS is defined as the Company’s total assets less total liabilities, divided by the total number of outstanding shares.
The Company’s NAVPS was
Going forward, the Company intends to publish NAVPS quarterly, with publicly held securities in the AI Treasury marked to market at each quarter end, and Bitcoin in the Bitcoin Treasury marked to market once Bitcoin purchases recommence.
Future Anticipated Share Capital Reduction and Future Buybacks
Any and all reduction in share capital from the Board’s buyback approval and management’s subsequent actions are in addition to the previously announced 30.1 Million Shares identified by the Company from its ERL Share Count Exercise and ICC Arbitration Win that it intends to retire or remove from the Company’s public float. The amount also excludes the reduction of 10 million Class A ordinary shares as a result of the conversion of 10 million Class A shares to Class C shares previously disclosed by the Company.
Furthermore, shareholders will vote for a further
Details of the upcoming AGM are available on the Company’s 6-K here.
About Genius Group
Genius Group (NYSE: GNS) is a global education group delivering AI powered, education and acceleration solutions for the future of work. Genius Group serves 6 million users in over 100 countries through its Genius City model and online digital marketplace of AI training, AI tools and AI talent. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government level. To learn more, please visit geniusgroup.ai
Forward-Looking Statements
Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will”, “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company's Annual Reports on Form 20-F, as may be supplemented or amended by the Company's Reports of a Foreign Private Issuer on Form 6-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. No information in this press release should be construed as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.
Contacts
For enquiries, contact investor@geniusgroup.ai
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