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.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GNS:
- Genius Group Finalizes Entrepreneur Resorts Acquisition, Boosts 2025 Revenue Guidance
- Genius Group reaffirms FY25 revenue view $15M-$18M
- Genius Group’s Legal Battle Gains Momentum with Favorable Court Orders
- Genius Group Converts Shares to Strengthen Defense Against Takeovers
- Genius Group Updates on Shareholding Status Amid Asset Purchase Agreement
