tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Genius Group executes buyback of 1M shares

Genius Group (GNS) 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 $1.15 per share. The buyback is the second buyback the Company has executed further to receiving shareholder and board approval for a share buyback of up to 20% of the Company’s issued ordinary shares in July 2025. On July 9, 2025 the Company executed a first buy back of one million shares of its stock on the open market at an average price of $1.30 per share. This week’s one million repurchased shares represent 7% of the permitted shares to be repurchased based on the approved share buy back mandate. As a result of these first two buybacks, a total of 14% of shares approved have been bought back. The repurchased shares have been returned to the Company’s treasury.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1