Genius Group repurchased 6,037,851 Class A Ordinary Shares in a private, off-market transaction. The Board of Directors authorized this share reduction strategy on June 7, 2026.
The company removed 32.6 million shares from its issued capital over an eight-day period. This total includes a 6.6 million share buyback on June 15. The company also completed a 20 million share cancellation on June 17.
These actions eliminate 27% of the company’s public float. The reduction represents 75% of the total shares targeted for removal. CEO Roger James Hamilton stated the strategy aims to increase Net Asset Value per share.