Genius Group executes buyback of one million shares as part of approved 20% share buyback mandate
Rhea-AI Summary
Genius Group (NYSE American: GNS) has executed its second share buyback, purchasing 1 million shares at an average price of $1.15 per share over three trading days. This follows a previous buyback of 1 million shares at $1.30 per share in July 2025, representing a total of 14% of the approved 20% share buyback mandate.
The company's publicly tradable shares have decreased by 10% from 67.4 million to 61.4 million shares, including CEO Roger Hamilton's conversion of 6 million Class A shares to non-public Class C shares. Currently, 56.4% of shares are held at Vstock Transfer, with 63.4 million shares remaining restricted or in escrow. The company may execute additional buybacks within its mandate while maintaining prudent use of funding facilities.
Positive
- Executed strategic buyback of 2 million shares, demonstrating confidence in company value
- Reduced publicly tradable shares by 10%, potentially increasing scarcity value
- 56.4% of shares now held at transfer agent, potentially reducing share lending
- Company maintains flexibility for additional buybacks within 20% mandate
Negative
- Average buyback price of $1.15 represents a decrease from previous $1.30 buyback price
- Significant portion of shares (63.4 million) remain restricted or in escrow
- Large number of shares related to arbitration case with LZGI creates uncertainty
News Market Reaction – GNS
On the day this news was published, GNS declined 12.28%, reflecting a significant negative market reaction. Argus tracked a peak move of +9.0% during that session. Argus tracked a trough of -22.1% from its starting point during tracking. Our momentum scanner triggered 29 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $15M from the company's valuation, bringing the market cap to $107M at that time. Trading volume was above average at 1.6x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
SINGAPORE, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that during the last three trading days, the Company bought back one million shares of its stock on the open market at an average price of
The buyback is the second buyback the Company has executed further to receiving shareholder and board approval for a share buyback of up to
This week’s one million repurchased shares represent
In executing the buy back, the Company and the Company’s broker followed the guidelines in Rule 10b-18 and Rule 10b-5 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), to ensure compliance and a non-exclusive safe harbor in relation to the repurchase of its shares.
Further to the buyback, and further to the previously disclosed conversion of six million shares owned by Genius Group’s CEO, Roger Hamilton, from publicly tradable Class A Ordinary Shares to non-publicly tradable Class C Ordinary Shares, the total number of the Company’s issued, publicly tradable, free trading Ordinary shares has reduced by
A further 63.4 million issued shares related to the ERL acquisition and the Company’s arbitration case with LZGI remain restricted or in escrow at the Company’s transfer agent, together with 10 million shares held in the Company’s treasury.
As a result of the Company’s recent actions and the participation of shareholders in utilising the Direct Registration System (DRS) to move their shares from their broker account to the Company’s transfer agent, Vstock Transfer (“Vstock”), as of today’s date,
The Company provided instructions for shareholders interested in transferring their shares via DRS to vStock in its press release dated July 17, 2025.
The Company may elect to execute further buy backs within the parameters of its approved mandate, balanced with prudent and accretive use of its approved funding facilities, in such manner, proportion and timing as it deems most appropriate to preserve shareholder value based on economic and market dynamics, together with the Company’s share price relative to the Company’s current and anticipated enterprise value and net asset value.
About Genius Group
Genius Group (NYSE: GNS) is a Bitcoin-first business delivering AI powered, education and acceleration solutions for the future of work. Genius Group serves 5.8 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 https://www.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
FAQ
How many shares has Genius Group (GNS) bought back in 2025?
What percentage of GNS's approved share buyback mandate has been completed?
How many publicly tradable shares does Genius Group (GNS) currently have?
What percentage of Genius Group shares are held at Vstock Transfer?
How many GNS shares did CEO Roger Hamilton convert to non-public shares?
