Genius Group buys back 1 million shares at $0.73 per share

Genius Group Limited (NYSE American: GNS) repurchased one million shares on the open market at an average price of $0.73 per share on December 9, according to a company statement.

The transaction represents the fourth buyback executed under a shareholder and board-approved program allowing repurchases of up to 20% of the company's issued ordinary shares, which received approval in July 2025. The education technology company has now repurchased 4.3 million shares over the past six months, representing 30% of the permitted shares under the approved mandate.

The repurchased shares have been returned to the company's treasury. Genius Group stated it followed guidelines under Rule 10b-18 and Rule 10b-5 of the Securities Exchange Act of 1934 during the buyback process.

The company indicated it may execute additional buybacks within the approved parameters, considering factors including share price relative to enterprise value and net asset value, along with market conditions.

Separately, Genius Group reported that 2.3 million shares were transferred to book entry form through the Direct Registration System by the November 30, 2025 record date for its Bitcoin Loyalty Payment program. Shareholders who moved shares from broker accounts to book entry at transfer agent Vstock Transfer are eligible for $0.10 per share, provided the shares remain in book entry form for six months through May 28, 2026. Insider shares are excluded from the loyalty payment program.

Genius Group describes itself as an AI-powered education company serving 6 million users across more than 100 countries through online training platforms and digital marketplace services.

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