The latest announcement is out from Genius Group Limited ( (GNS) ).
Genius Group Limited has announced an Extraordinary General Meeting (EGM) scheduled for April 7, 2025, to discuss and potentially approve a proposed Share Buyback Mandate. This mandate would authorize the company to repurchase up to 20% of its issued shares, either through market or off-market purchases, at prices determined by the directors. The financial implications of this buyback are contingent on various factors, including the number of shares repurchased and the source of funds, which may include internal resources or external borrowings. The company aims to ensure that the buyback does not adversely affect its working capital or financial stability.
More about Genius Group Limited
Genius Group Limited is a company incorporated in Singapore, operating in the education and learning industry. The company focuses on providing educational services and products, with a market presence that includes trading on the NYSE American.
YTD Price Performance: -44.72%
Average Trading Volume: 4,390,493
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $23.32M
Learn more about GNS stock on TipRanks’ Stock Analysis page.