Genius Group Limited (GNS), a Singapore-based educational technology company, Thursday said it has bought back 1 million of its shares at an average price of $1.30 per share.
On July 7, the Genius' Board had authorized share buyback of up to 20% of the company's shares. The 1 million repurchased shares represent 7% of the total number of shares the company was authorized to repurchase under the program.
The company noted that the repurchased shares have been returned to its treasury.
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