Genius Group Board Approves Buyback of up to 13.2 Million Company Shares
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.
News Market Reaction – GNS
On the day this news was published, GNS declined 0.45%, reflecting a mild negative market reaction. Argus tracked a peak move of +6.6% during that session. Argus tracked a trough of -7.5% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $213K from the company's valuation, bringing the market cap to $47.19M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Buybacks Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Dec 10 | Fourth buyback executed | Positive | -1.4% | Announced fourth 1,000,000-share buyback at $0.73, total 4.3M repurchased. |
| Sep 15 | Third buyback completed | Positive | -8.3% | Completed 1M-share buyback at $0.90 and detailed CEO restricted share awards. |
| Jul 10 | 20% buyback initiated | Positive | +12.9% | Launched 20% buyback mandate and executed first 1M-share repurchase at $1.30. |
| Apr 09 | Buyback approval | Positive | +19.0% | Shareholders approved up to 20% buyback under Singapore law with 97.5% support. |
| Feb 12 | EGM buyback call | Positive | +48.4% | 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.
Prior buyback headlines for GNS often saw sizable upside moves, but reactions have been mixed, with several positive announcements followed by flat or negative next-day performance.
Over the past year, GNS has repeatedly used buybacks as a capital allocation and signaling tool. Starting with an EGM on Feb 12, 2025 to approve a buyback and cancel a rights offering, shareholders then granted up to 20% repurchase authority in April and July 2025. Multiple 1 million-share buybacks followed through December 2025. Price reactions ranged from modest declines to strong gains up to 48.44%, showing that similar buyback news has not produced a uniform trading pattern.
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
